Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.59% at lunch. The CSL Limited (ASX: CSL) share price is down by 0.95% following a broad sell-off in the US share markets.
The Rio Tinto Limited (ASX: RIO) share price is down 0.3% after announcing that it would sell its Kestrel Mine for US$2.25 billion.
a2 Milk Company Ltd (ASX: A2M) is down by over 6% this morning after news came that Nestle is launching its own A2 protein infant formula called Atwo.
Resource shares are taking a hit today with Syrah Resources Ltd (ASX: SYR) down by 5.56%, Fortescue Metals Group Limited (ASX: FMG) down by 4.04% and Galaxy Resources Limited (ASX: GXY) down by 3.56%.
WiseTech Global Ltd (ASX: WTC) is the other ASX 200 share to register a large fall so far today, it’s down by 4.58%.
At the other end of the market Graincorp Ltd (ASX: GNC) is gaining ground, it’s up by 2.9%.
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