ALL ORDINARIES Index Falls, Westpac (ASX:WBC) Shares Drop

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX: XAO), is currently down 0.20% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.20% at lunch.

One of the biggest detractors to the index is one of Australia’s major banks, the Westpac Banking Corp (ASX: WBC) share price is down around 1% at lunch.

Another of the shares in the red is resource giant BHP Group Ltd (ASX: BHP), its share price is down 0.7% due to revealing a US$600 million hit from unexpected production outages in its December 2018 production report.

The Telstra Corporation Ltd (ASX: TLS) share price is up 0.17% thanks to news of its announced upgrade to the Asian Pacific subsea cables.

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The share price of Super Retail Group Ltd (ASX: SUL) has risen nearly 2.5%, the operator of BCF and Supercheap Auto has announced who its new CEO will be, they have chosen from within the business.

Debt collector Collection House Limited (ASX: CLH) shares are 0.75% higher after announcing an $8.5 million investment into Volt Corporation, the owner of Volt Bank.

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