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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.

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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Afterpay, Zip Co, Sezzle…

Is BNPL the opportunity of a lifetime or is the sector a ticking time bomb?

Rask's analyst has just finished a 7,500-word report, The Ultimate BNPL Sector Report, taking a deep dive into this booming ASX sector. It shines a spotlight on each of the major players. You can get the full analyst report for FREE by CLICKING HERE NOW.

Note: the report is 100% free.

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Rask Media’s Ultimate BNPL Sector Report

Afterpay, Zip, Sezzle… is this the opportunity of a lifetime? Or is BNPL a ticking time bomb? This 7,500-word analyst report takes a deep dive into the BNPL sector and shines a spotlight on each of the major players in this booming market. 

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