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

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.42% at lunch.

The share price of Telstra Corporation Ltd (ASX: TLS) is among the largest falls of blue chips this morning, it is down 1.6%.

Shares of Westpac Banking Corp (ASX: WBC) are down 0.5% after the big bank revealed its annual result for the 2018 financial year.

The Webjet Limited (ASX: WEB) share price has gone into a trading halt after announcing a capital raising and an acquisition.

Greencross Limited (ASX: GXL) has announced that it’s going to be taken over for $5.55 per share, which is a 34.1% premium to the share price before the takeover talk occurred.

Heavy equipment business Emeco Holdings Limited (ASX: EHL) is down 5.6% at lunch, making it biggest drop in the ASX 200.

The share price of travel business Corporate Travel Management Ltd (ASX: CTD) has fallen another 3.84% after being on the receiving end of a short seller attack.

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Jaz Harrison

Jaz Harrison

Jaz 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.