Australia’s share market, or the All Ordinaries
(INDEXASX: XAO)(ASX: XAO), has plunged at lunch. It has fallen by 1.28% so far.
The biggest positive mover in the ASX200 so far today has been Brickworks Limited (ASX: BKW), the construction company’s share price has risen by 2.09%. It is the only ASX200 share to show a gain omore than 2%.
Another positive mover was pet company Greencross Limited (ASX: GXL) which announced who its new CEO will be and also disclosed profit guidance for the first half of FY18.
Bubs Australia Ltd (ASX: BUB) announced that its products would be stocked by Woolworths Limited (ASX: WOW). The Bubs share price is up 0.69% on the news.
The Wesfarmers Limited (ASX: WES) share price has slumped 4.58% after news that it would take a huge write-down on its UK Bunnings and Target businesses. So far, the UK has not fallen for the sausage sizzle.
Finally, the market was unimpressed by Telstra Corporation Ltd’s (ASX: TLS) announcement that it would launch its 5G next year, the share price is currently down 1.36%.
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