Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.26% at lunch.
One of the leading causes for the index’s fall is resource giant BHP Billiton Limited’s (ASX: BHP) share price is down 1.4% so far.
Personal care business Asaleo Care Ltd (ASX: AHY) shares are up 38.4% due to announcing the sale of its Australian Consumer Tissue business for $180 million, which includes Handee and Sorbent.
The MNF Group Ltd (ASX: MNF) share price is up 0.25% with it seemingly the winner to acquire Inabox Group Ltd’s (ASX: IAB) operating businesses. Inabox is currently in a trading halt.
Shares of Afterpay Touch Group Ltd (ASX: APT) are down 4% so far, following the US tech sector down. It was also reported that some borrowers may struggle to get a mortgage if they use Afterpay. Altium Limited (ASX: ALU) is also down 3.66%.
The ASX 200 share that is up the most is Automotive Holdings Group Ltd (ASX: AHG) which is up 4.46%. It was announced after close yesterday that one of the directors bought some shares.
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Disclaimer: Any information contained in this article is limited to general financial/investment advice only. The information has not taken into account your specific needs, goals or objectives, so please consider consulting a licenced and trusted adviser before acting on the information. Please read The Rask Group’s Financial Services Guide (FSG) for more information. This article is authorised by Owen Raszkiewicz of The Rask Group, which is a corporate authorised representative No. 1264179 of Strawman Pty Ltd (ACN: 610 908 211) (AFSL: 501 223).