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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.

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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