ALL ORDINARIES Index (XAO) Falls, Afterpay (ASX:APT) Share Price Jumps

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.62% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.62% at lunch.

Bucking the downward trend, the Afterpay Touch Group Ltd (ASX: APT) share price has jumped 13.3% this morning after Goldman Sachs rated the buy now, pay later company a buy.

[ls_content_block id=”15717″ para=”paragraphs”]

International news is causing some investors to be turned off the fast growing, internationally-focused, high-priced shares like Pro Medicus Limited (ASX: PME) which is down over 5% and the Magellan Financial Group Ltd (ASX: MFG) share price is down 4.5%.

1300 Smiles Limited (ASX: ONT) has seen its share price fall 1% as news broke of its acquisition pursuits of Maven, although it faces stiff competition from BGH.

Dairy giant Fonterra Shareholders’ Fund (ASX: FSF) has seen its share price rise 0.3% after announcing it could reduce debt by $1 billion after some asset sales.

Gold miners are having a bit of a resurgence as investors worry about global problems, the Evolution Mining Ltd (ASX: EVN) share price is up around 2%.

[ls_content_block id=”14945″ para=”paragraphs”]

[ls_content_block id=”18380″ para=”paragraphs”]

Better investing starts here.

Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best  insights.

Skip to content