Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 1.91% at lunch. There is a lot of red on the ASX after international share markets saw a sell-off.
Some of the ASX’s most recognisable technology shares have fallen heavily at lunch with Afterpay Touch Group Ltd (ASX: APT) down 7.2%. Altium Limited (ASX: ALU) is also down 7.2% and Xero Limited (ASX: XRO) has fallen 4.9%.
Large businesses are also experiencing the fall with Macquarie Group Ltd (ASX: MQG) down 3.7% and CSL Limited (ASX: CSL) down 2.2%.
In specific company news, Transurban Group (ASX: TCL) shares are only down 0.8% today after reporting its quarterly traffic figures, showing growth of more than 3%.
The share price of private hospital business Ramsay Health Care Limited (ASX: RHC) is down 0.9% with its takeover of Swedish Capio AB getting closer.
Shares of retail giant Wesfarmers Ltd (ASX: WES) are down 1.46%, the company just appointed a new Managing Director for Officeworks.
Learn From Australia’s Best* Investors
The Rask Group’s Australian Investors Podcast is fast becoming Australia’s #1 podcast for serious investors. It provides unique insights from Australia’s best investors, entrepreneurs, authors and financial thinkers. Download the latest episode free on iTunes, Castbox, YouTube or wherever you choose to listen.
*As voted by us
The Pengana Private Equity Trust (sponsored)