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

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 1.14% at lunch.

The National Australia Bank Ltd (ASX: NAB) share price is down 5% with the major bank going ex-dividend today to allocate its half year dividend.

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Infratil Ltd (ASX: IFT) shares are down almost 4% after announcing it was going ahead with the acquisition of Vodafone New Zealand.

The share price of Mayne Pharma Group Ltd (ASX: MYX) is down 13.2% after disclosing that the first four months of the 2019 calendar year have been tough for revenue and profit.

Shares of Invocare Limited (ASX: IVC) are up 2.4% after the funeral business gave a trading update for the first quarter of 2019.

Gold shares are leading the way as investors seek a safe haven away from the market volatility created by the US and China. The two leaders are the Evolution Mining Ltd (ASX: EVN) share price which is up 6.6% and the Regis Resources Limited (ASX: RRL) share price is up 5.2%.

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Disclosure: Jaz owns shares of Invocare at the time of writing, but this could change at any time. 

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