Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.73% at lunch.
The Treasury Wine Estates Ltd (ASX: TWE) share price is down 5.5% as investors worry about what the effect of a trade war between the US and China will have on the winemaker.
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Shares of Afterpay Touch Group Ltd (ASX: APT) are also down 4.25%, in-fact most growth shares are down because of market worries.
The Automotive Holdings Group Ltd (ASX: AHG) share price is flat and the AP Eagers Ltd (ASX: APE) share price is down 0.7% despite the merger between the two seemingly about to go ahead.
Pushpay Holdings Ltd (ASX: PPH) shares are down 2.5% in reaction to the company’s annual report, its operating revenue profit growth prediction and its CEO resigning.
The share price of Suncorp Group Ltd (ASX: SUN) is down 1.3% after the QLD business announced its lending portfolio growth (or lack of) in the March 2019 quarter.
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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.