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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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Picture of Jaz Harrison

Jaz Harrison

Jaz is a Staff Writer for Rask. She 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.
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