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ALL ORDINARIES Index (XAO) Down, Afterpay (ASX:APT) Share Price Drops

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 2.52% at lunch. 

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 2.52% at lunch.

Most of the market is in the red today as the trade war continues to bite. One of the more painful declines belongs to Afterpay Touch Group Ltd (ASX: APT), which is down another 6%.

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The BWP Trust (ASX: BWP) share price is down 1.4% after the real estate investment trust (REIT) after reporting its FY19 result which showed a small increase of rental income and the distribution.

The share price of Pinnacle Investment Management Group Ltd (ASX: PNI) is up 5.2% after revealing its FY19 report to investors showing a large increase in profit.

Shares of Rural Funds Group (ASX: RFF) have gone into a trading halt after being accused of “siphoning assets into Rural Funds Management [the manager]”. The share price was halted down 42%.

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Disclosure: Jaz owns shares of Rural Funds at the time of writing, but this could change at any time. 

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Picture of Jaz Harrison

Jaz Harrison

Jaz is a Staff Writer for Rask. She is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.
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