Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.43% at lunch.
The biggest reason for the index’s fall is that Macquarie Group Ltd (ASX: MQG) has dropped 1.6% at lunch.
Gentrack Group Ltd (ASX: GTK) shares are currently in a trading halt, it is undertaking a capital raising to finance acquisitions.
Gold miners are some of the best performers so far as fear and volatility picks up in world markets. Resolute Mining Limited (ASX: RSG) is up 6.3%, St Barbara Ltd (ASX: SBM) has gone up 3.9% and Evolution Mining Ltd (ASX: EVN) increased by 1.62%.
Class Ltd (ASX: CL1) shares have dropped 8.4% after announcing its quarterly accounts update.
The Invocare Limited (ASX: IVC) share price is up 0.18% after announcing an acquisition in Adelaide.
The share price of Platinum Asset Management Limited (ASX: PTM) fell 8.4% and Magellan Financial Group Ltd (ASX: MFG) are down 6.36%.
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.