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ALL ORDINARIES Index Down, Coles (ASX:COL) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.48% at lunch.

The Coles Group Limited (ASX: COL) share price is one of the blue chips registering the largest falls at lunch, its share price is down by 1.1%.

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Despite Lynas Corporation Ltd (ASX: LYC) rejecting the initial takeover bid from Wesfarmers Ltd (ASX: WES), the Lynas share price is up 1.9% and the Wesfarmers share price is flat. Investors may be expecting another bid from Wesfarmers.

Eclipx Group Ltd (ASX: ECX) shares are up nearly 20% after the company gave a market update to investors.

The Beach Energy Ltd (ASX: BPT) share price is up 3% with the oil price rising over the past 24 hours.

The share price of Challenger Ltd (ASX: CGF) is currently up another 2.7% in response to the annuity company’s expanded relationship with MS Primary.

Shares of salmon farmer Tassal Group Limited (ASX: TGR) are down 5%, making it the worst performer in the ASX200.

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$50,000 per year in passive income from shares? Yes, please!

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