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ALL ORDINARIES Index Down, CBA (ASX:CBA) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 1.69% at lunch.

The Commonwealth Bank of Australia (ASX: CBA) share price is down nearly 2.5% following on from the US market’s volatility on Friday.

Telstra Corporation Ltd (ASX: TLS) shares are down 1.46% despite announcing that it has increased its 5G spectrum ownership with another government auction.

Shares of Pro Medicus Limited (ASX: PME) are down 3.3%, although it announced it has won a $3 million German contract extension and expansion.

Some of the ASX’s most popular technology shares are down heavily at lunch. For instance, Altium Limited (ASX: ALU) is down 5.6%, Afterpay Touch Group Ltd (ASX: APT) is down 5.4% and WiseTech Global Ltd (ASX: WTC) is down 5.2%.

Shares of TPG Telecom Ltd (ASX: TPM) are down 0.8% after spending a bit over $263 million on its joint venture with Vodafone for the 5G spectrum. It successfully bid for twelve 5MHz lots in each of Sydney, Melbourne, Brisbane, Canberra, Adelaide and Perth.

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