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What’s The All Ordinaries Index Doing At Lunch?

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is down by 0.71% at lunch.

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Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is down by 0.71% at lunch.

BlueScope Steel Limited (ASX: BSL) has risen by 1.18% this morning on news that USA President Donald Trump plans to impose a 25% tariff on foreign steel.

Gold miners Resolute Mining Limited (ASX: RSG), Saracen Mineral Holdings Limited (ASX: SAR) and St Barbara Ltd (ASX: SBM) are up 1.98%, 1.63% and 1.6% respectively on fears the steel tariff could start a trade war.

However, it’s not such good news for lithium miners Orocobre Limited (ASX: ORE) and Galaxy Resources Limited (ASX: GXY), they are down 4.56% and 4.5%.

Speedcast International Limited (ASX: SDA) is one of the biggest falls so far today, it has dropped by 4.15%.

Technology company Altium Limited (ASX: ALU) has dropped 3.55% today.

Building products company CSR Limited (ASX: CSR) has risen by 1.36% at lunch on no news.

Finally, telecommunications business Spark New Zealand Ltd (ASX: SPK) is up by 1% at lunch.

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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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