ALL ORDINARIES Index Down, BOQ (ASX:BOQ) Share Price Drops

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.32% at lunch.

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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.32% at lunch.

The Bank of Queensland Limited (ASX: BOQ) share price is down 4.7% in early trading after the regional bank unveiled a drop in profit and a reduction of the dividend.

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The share price of Seven West Media Ltd

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(ASX: SWM) is up nearly 4% with the media company announcing yesterday that it had completed the sale of its stake of Yahoo7.

Another business that is rising today is the Unibail-Rodamco-Westfield (ASX: URW) share price which is up 3.2%, the real estate business just sold an office building for €850 million.

The Insurance Australia Group Ltd (ASX: IAG) share price is down 0.8% after revealing it is being sued.

The Sims Metal Management Ltd (ASX: SGM) share price is down another 3.7%, it is showing one of the worst declines in the ASX200.

Shares of Fluence Corporation Ltd (ASX: FLC) are down 0.91%, Rask writer Jack Magann recently wrote about it.

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