ALL ORDINARIES Index Down, BHP Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.37% at lunch.

The BHP Billiton Limited (ASX: BHP) share price is the biggest drag on the ASX 200 at lunch, it’s down by 2%.

Another share that’s down is Collins Foods Ltd (ASX: CKF), its full year report appears to have disappointed investors and it has dropped around 4% after releasing its result.

Trade Me Group Ltd (ASX: TME) is down 3.66% after the CEO announced he intends to step down.

Technology shares are some of the largest falls so far in the ASX 200 with Appen Ltd (ASX: APX) down by 3.66% and Altium Limited (ASX: ALU) down by 3.1%. These falls follow on from a tech sell-off in the US due to Donald Trump’s latest tariff news, with Harley Davidson saying it would make more bikes outside of the USA.

Hub24 Ltd (ASX: HUB) has dropped by 4.1% this morning after announcing a FY18 update late yesterday.

Did you know Warren Buffett was a millionaire in his late 20’s but ‘only’ worth $300m at his 50th birthday? Now he is a $US84 billion investor.

That means he made 99% of his wealth after turning 50! How does a 50-year-old do that? Download the free Aussie investing ebook, “What Buffett’s Investing Checklist Can Teach Aussie Investors“ when you join the free Rask Group Investor Club Newsletter. You’ll get insights into the 4 steps Buffett uses to pick his investments.

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