ALL ORDINARIES Index (XAO) Up, Bega Cheese (ASX:BGA) Shares Go Sour

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.05% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.05% at lunch.

The Bega Cheese (ASX: BGA) share price is down by 12% with investors feeling bitter about the trading update with lower profit expectations for FY20.

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Lithium miners are charging up again today, the share price of Orocobre (ASX: ORE) is up 5.75% and the Mineral Resources (ASX: MIN) share price is up 6.6%.

Coles (ASX: COL) gave its September 2019 quarter update this morning, sending the share price up 2.3%, although growth was quite limited.

The shares of Costa (ASX: CGC) remain in a trading halt whilst it carries out a heavily discounted capital raising, but its trading update was not at all encouraging.

Buy now, pay later company Splitit (ASX: SPT) has given its September 2019 update, sending the share price up 12.4%.

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

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