Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.24% at lunch.
One of the biggest reasons for the index’s fall is that National Australia Bank Ltd (ASX: NAB) has fallen 0.82% at lunch.
Although the index is down there are a few shares which are up. Select Harvests Limited (ASX: SHV) is up by 4.55% after announcing would be working with PepsiCo China to launch the Lucky range of products in China.
The Ramsay Health Care Limited (ASX: RHC) share price has dropped 2.27% after European acquisition Capio knocked back the private hospital operator’s initial bid. It is the largest fall in the ASX 200 at the moment.
Farmland landlord Rural Funds Group (ASX: RFF) has dropped 1.43% this morning after announcing a capital raising last week.
At the green end of the ASX 200 is Ausdrill Limited (ASX: ASL), it’s up by 3.85%, making it the top performer out of Australia’s larger business.
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.