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ALL ORDINARIES Index Falls, CBA Shares Down

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.20% at lunch.

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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.20% at lunch.

The Commonwealth Bank of Australia (ASX: CBA) share price is down by 0.5% at lunch after announcing the sale of its stake in BoComm Insurance for $668 million.

Oil company Santos Ltd (ASX: STO) has fallen by 9% after rejecting the Harbour Energy bid.

The share price of cattle company Australian Agricultural Company Ltd (ASX: AAC) is up 2.65% even though it reported a loss.

Rio Tinto Limited (ASX: RIO) shares are up 0.72% on news it may sell its gold and copper mine, Grasberg for around $3.5 billion.

The BWX Ltd (ASX: BWX) share price has fallen 5.7% today, after going up 35% yesterday, due to the takeover offer it received.

Private hospital business Healthscope Ltd (ASX: HSO) has fallen another 2.5% so far today after not allowing its two suitors to do any due diligence. Healthscope said it could sell its hospital real estate for at least $1.3 billion and it also plans to close two hospitals.

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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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