ALL ORDINARIES Index Falls, ANZ Shares Drop

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.59% at lunch.

Many of Australia’s blue chips are in the red this morning. Australia and New Zealand Banking Group (ASX: ANZ) is currently down by 1.28% and BHP Billiton Limited (ASX: BHP) is in the red by 1.61%.

One of the worst price movements on the ASX at lunch is National Veterinary Care Ltd (ASX: NVL), its share price has fallen 8.6% after giving the market an update about FY18 expectations.

The Ruralco Holdings Ltd (ASX: RHL) share price is down 2.33%. The agricultural company gave investors a projection of its FY18 profit.

Another business to be in the red is Altium Limited (ASX: ALU), the technology company’s share price has declined 7.5% due to a broker suggesting its shares could fall to $16.

Fund manager Pendal Group Ltd (ASX: PDL) is down a further 4% at lunch after revealing a funds under management (FUM) update that disappointed investors 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.

Click here to join The Rask Group’s Investor Club Newsletter and Download The Ebook!

Free report: 3 cloud stocks to buy now

As we emerge from COVID-19, some tech companies are growing faster than ever. Rask’s investment analysts have identified 3 growth stocks set to benefit. Big time.

We’ll send you our report for free, including the names, ticker codes and analysis when you enter your email address below.

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

Free report: 3 cloud stocks to buy now

As we emerge from COVID-19, some tech companies are growing faster than ever. Rask’s investment analysts have identified 3 growth stocks set to benefit. Big time.

Click here to access this report for free, including the names, ticker codes and analysis.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

Keep reading: