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 (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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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.