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ALL ORDINARIES Index Down, Telstra (ASX:TLS) Shares Down

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.07% at lunch.

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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.07% at lunch.

The market continues to be volatile. Telstra Corporation Ltd (ASX: TLS) shares are down 1.13%.

Some of the technology shares are recovering their losses from yesterday with Afterpay Touch Group Ltd (ASX: APT) up by 7% and WiseTech Global Ltd (ASX: WTC) up by 5.9%.

The share price of Domain Holdings Australia Ltd (ASX: DHG) is down 12.5%, Nine Entertainment Co Holdings Ltd (ASX: NEC) is down 14.5% and Fairfax Media Limited (ASX: FXJ) is down nearly 14% after investors were disappointed with their trading updates. Domain’s showed total revenue fell 1%.

Shares of bed linen business Adairs Ltd (ASX: ADH) are up 2.1% after it reported a trading update with high like for like sales which pleased investors.

The share price of Nextdc Ltd (ASX: NXT) is down 1% at lunch after confirming it now owns 97% of Asia Pacific Data Centre Group (ASX: AJD) shares.

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Jaz Harrison

Jaz is a Staff Writer for Rask. She is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.
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