Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.47% at lunch.
The biggest fall in the ASX200 is Macquarie Group Ltd (ASX: MQG), it’s currently down 2.84% after a broad sell-off in global markets due to political tensions in Italy and the wider EU region. Macquarie is affected because a majority of its earnings come from overseas.
The share price of Retail Food Group Limited (ASX: RFG) has risen a further 5% so far after appointing a new CEO.
Realestate.com.au owner REA Group Limited (ASX: REA) has fallen 3% this morning after receiving a ‘downgrade’ from one the major brokers – they thought the share price was too high. However, the property business received approval from the ACCC that it can acquire Hometrack Australia, which will provide more property data and insights.
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