Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.40% at lunch.
The AMP Limited (ASX: AMP) share price is down 5.5% with the diversified financial business announcing a large dividend cut as part of its upcoming FY18 result.
Another business showing an even bigger decline is ResMed Inc (ASX: RMD), it is currently down 9.5% after reporting its second quarter result of FY19.
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At the positive end of the ASX is Iluka Resources Limited (ASX: ILU) which is 7.1% higher as a result of announcing its Pejebu Inaugural Mineral Resource Estimate.
The Auscann Group Holdings Ltd (ASX: AC8) share price is 2.4% higher because it announced it has acquired a research & development facility in Perth for $5.25 million.
Priceline operator Australian Pharmaceutical Industries Ltd (ASX: API) shares are down 6% with it one of the worst fallers in the ASX 200.
TV business Nine Entertainment Co Holdings Ltd (ASX: NEC) shares are up 4.6% at lunch.
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