Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.26% at lunch.
The National Australia Bank Ltd (ASX: NAB) share price is down 1.8% this morning. Last week the bank lost both its CEO and Chairman as they handed in their resignations.
NAB isn’t the only large bank in the red by more than 1%. The Westpac Banking Corp (ASX: WBC) share price is down 1.8% as well, Australia and New Zealand Banking Group (ASX: ANZ) shares are down 1.6% and the Commonwealth Bank of Australia (ASX: CBA) share price is down 1.3% at lunch
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The Bendigo and Adelaide Bank Ltd (ASX: BEN) share price is down 4.4% with investors responding to its half year report, which showed a drop in profit.
Shares of JB Hi-Fi Limited (ASX: JBH) are up 2.75% after the electronics retailer beat expectations with its half year result and forecast profit growth for the full 2019 year.
Packaging business Amcor Limited (ASX: AMC) sent its share price up 1.4% this morning after reporting its profit figures to the market.
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