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ALL ORDINARIES Index Down, APA Group (APA) Shares Rise 22%

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.51% at lunch.

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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.51% at lunch.

The oil price has fallen slightly, which has caused Woodside Petroleum Limited (ASX: WPL) to fall by 1.18% and BHP Billiton Limited (ASX: BHP) is down by 1.15%.

APA Group (ASX: APA) shares are up 22.5% after announcing that it has received a $13 billion takeover offer.

The Challenger Ltd (ASX: CGF) share price is currently down 2.5% after giving investors a presentation.

Retirement village operator Gateway Lifestyle Group (ASX: GTY) is up by 13% after receiving a takeover offer too.

Online retailer Kogan.Com Ltd (ASX: KGN) has fallen another 3.5% after it was announced that founder Mr Kogan had eventually sold some of his shares after failing to sell some shares last week.

Finance software business Hub24 Ltd (ASX: HUB) is up by 3% after FitzPatricks chose it as its platform choice.

The Ausdrill Limited (ASX: ASL) share price has recovered by 5% today after falling 22% yesterday due to an adverse project update.

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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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