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ALL ORDINARIES Index Up, BHP (ASX:BHP) Shares Down

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.10% at lunch.

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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.10% at lunch.

Among the largest ASX businesses, BHP Billiton Limited (ASX: BHP) is among the largest declines with it down by 1.5%.

Energy companies continue to fall after the Federal Government announced a plan to put a cap on electricity prices, which has sent Origin Energy Ltd (ASX: ORG) down 3.5% at lunch.

Infant formula business Bellamy’s Australia Ltd (ASX: BAL) is down 8% after saying in its trading update at the AGM that the first half of FY19 would show lower sales.

Shares of sports performance tracking business Catapult Group International Ltd (ASX: CAT) are up 18% this morning after giving investors a trading update saying that underlying core EBITDA could grow by 37% to 63% in FY19.

The share price of Brambles Limited (ASX: BXB) is up another 3.6% after giving its first quarter of FY19 trading update yesterday, showing revenue growth of 6%.

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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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