Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.07% at lunch. The Australia and New Zealand Banking Group (ASX: ANZ) share price is down by 0.74% in response to the overseas market volatility.
The Santos Ltd (ASX: STO) share price is up almost 19% on news that it has received a takeover offer at price that was a premium to last week’s last closing price. Harbour Energy could buy all the Santos shares for $6.50 if the takeover goes ahead.
Gold miners are rising because of the market volatility. Resolute Mining Limited (ASX: RSG) is up by 3.61% so far, Evolution Mining Limited (ASX: EVN) is up 2.48% today and St Barbara Ltd (ASX: SBM) is up by 2.51%.
The worst performer in the ASX200 is Aristocrat Leisure Limited (ASX: ALL), it’s down 3.84% on no official news.
A lot of shares are also in the red this morning due to overseas market volatility. Fund manager Magellan Financial Group Ltd (ASX: MFG) is down by 2.43%.
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