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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.

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%.

Slow News Day? Here’s A Great Story…

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