ALL ORDINARIES Index Down, BHP Billiton (ASX:BHP) Shares Fall


Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.65% at lunch.

The BHP Billiton Limited (ASX: BHP) share price is down 3.1% with the oil price falling again over the weekend. This has hurt other resource businesses too, Woodside Petroleum Limited (ASX: WPL) shares are down 2% and Santos Ltd (ASX: STO) is down 3%.

Shares of Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) are up 1.2% with the healthcare business revealing profit growth of 20% in its half year result.

Online retailer Kogan.Com Ltd (ASX: KGN) has announced it is launching a credit card with Citigroup, the Kogan.Com share price has responded by going up 3.9%.

Cromwell Group (ASX: CMW) shares have gone into a trading halt with the Australian Financial Review reporting that the property business is doing a $300 million capital raising.

The DEXUS Property Group (ASX: DXS) share price is up 0.5%, it has announced a joint venture with GIC for a $2 billion wholesale unlisted logistics trust.

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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.