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

The Crown Resorts Ltd (ASX: CWN) share price is down 8.3% because Wynn Resorts Limited (NASDAQ: WYNN) has decided to terminate its discussions about a potential acquisition.


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The share price of Webjet Limited (ASX: WEB) has risen 2.5% at lunch due to its presentation yesterday about its blockchain technology and religious pilgrimage business.

Shares of Seven West Media Ltd (ASX: SWM) are up 6.6% after the media company announced that it had completed the sale of its Yahoo7 investment to Verizon Media.

Gold miners are some of the better performers at lunch due to an uncertain day of trading. The St Barbara Ltd (ASX: SBM) share price is up 3.2% and the Northern Star Resources Ltd (ASX: NST) share price is up 2.3%.

Michael Hill International Ltd (ASX: MHJ) shareholders were hoping for more from the trading update, which saw its share price drop 6% so far.


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Disclaimer: Any information contained in this article is limited to general financial/investment advice only. The information has not taken into account your specific needs, goals or objectives, so please consider consulting a licenced and trusted adviser before acting on the information. Please read The Rask Group’s Financial Services Guide (FSG) for more information. This article is authorised by Owen Raszkiewicz of The Rask Group, which is a corporate authorised representative No. 1264179 of Strawman Pty Ltd (ACN: 610 908 211) (AFSL: 501 223).

At the time of publishing, Jaz does not have a financial interest in any of the companies mentioned.