AMP Is Weighing On the ALL ORDINARIES Index

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.5% at lunch.

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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.5% at lunch. The AMP Limited (ASX: AMP) share price is down 1.63% after it was announced this morning that CEO Craig Meller is going to retire at the end of 2018. The AMP Board will commence a search for his replacement.

The share price of utility software company Gentrack Group Ltd (ASX: GTK) is up nearly 1% after announcing that it has signed a new contract with energy giant E.ON.

Catapult Group International Ltd (ASX: CAT) has gone into a trading because it’s undertaking a capital raising. The company will look to raise $25 million to drive growth.

The Qantas Airways Limited (ASX: QAN) share price is down 0.5% after the airline made the first non-stop trip from Perth to London.

Pizza franchisor Domino’s Pizza Enterprises Ltd. (ASX: DMP) is up 1% after it announced that team members would stay on the fast food industry award.

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