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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 0.30% at lunch.

The big reaction of the day belongs to Retail Food Group Limited’s (ASX: RFG) shares. It has fallen by 31.62% this morning after coming out of a trading halt, cancelling the dividend and issuing a profit downgrade to its guidance.

Fellow retail company Myer Holdings Ltd (ASX: MYR) has had a much different morning trade. Myer’s share price is up around 17.5% so far.

Rare material company Lynas Corporation Ltd (ASX: LYC) is up by 6.19% at lunch.

Xero Limited (ASX: XRO) shares have fallen 3.44% in response news that CEO Rod Drury is stepping down from the top position.

Whitehaven Coal Ltd (ASX: WHC) is another to have a good opening start to the week, its share price has grown by 4.6%.

Cattle company Australian Agricultural Company Ltd (ASX: AAC) has gone up by 4.17% at lunch, the share price has fallen from $1.30 at the start of the year to $1.13 today.

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