Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.81% at lunch.
The CSL Limited (ASX: CSL) share price is down 2.2%, it’s one of the leading causes for the ASX index’s decline. The US market has fallen on news that Apple is expecting to report lower revenue than expected, which is hurting other ASX growth shares like CSL.
WATCH NOW: The Australian Investors Podcast Feat.
Global Investing Expert Hamish Douglass
Hamish Douglass is one of Australia's top investors and founders, having co-founded Magellan - a near $9 billion business! Learn exactly how Hamish invests in shares today.
Gold miners are glittering at lunch with investors looking for a safe investment haven, the Saracen Mineral Holdings Limited (ASX: SAR) share price is up 4.6%, Newcrest Mining Limited (ASX: NCM) shares are up 3% and the St Barbara Ltd (ASX: SBM) share price is up 3%.
The Emeco Holdings Limited (ASX: EHL) share price is down 5.5%, the heavy equipment rental business is the worst performer in the ASX 200.
In volatile markets investors may be searching for reliable businesses, the three shares in the below report could be what those investors are after.