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ALL ORDINARIES Index Up, a2 Milk & Bellamy’s Shares Slide

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.11% at lunch.
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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.11% at lunch.

The infant formula companies of a2 Milk Company Ltd (ASX: A2M) and Bellamy’s Australia Ltd (ASX: BAL) have both suffered falls. The a2 Milk share price is down 15% after giving investors a trading update and the Bellamy’s share price has fallen 10% as well.

InvoCare Limited (ASX: IVC) shares have come alive, rising by over 5% thanks to a broker upgrade and the fact that Macquarie Group Ltd (ASX: MQG) announced it became a substantial shareholder yesterday.

One company not having a good day is CYBG Plc (ASX: CYB), the UK bank released a mixed set of earnings and the share price is down 5.8% today.

The Sigma Healthcare Ltd (ASX: SIG) share price is down 0.4% after the CEO made an address to shareholders, he said that challenging conditions remain for the pharmacy company and it was trading slightly below expectations.

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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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