Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.33% at lunch.
The Crown Resorts Ltd (ASX: CWN) share price is down 5% as the market learned that James Packer’s holding company CPH is going to sell 19.99% of Crown to Melco Resorts for $13 per share.
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The share price of Eclipx Group Ltd (ASX: ECX) is up 12.7% with the leasing company reporting its half year result to 31 March 2019.
The share price of Boral Limited (ASX: BLD) is up a further 2.7% on an update to the market about its FY19 progress.
AGL Energy Ltd
(ASX: AGL) shares are down 1.3% as we learned that it had made a bid for telecommunications infrastructure business Vocus Group Ltd (ASX: VOC).
Shares of Link Administration Holdings Ltd (ASX: LNK) are down almost 20% because the financial services company provided downgraded guidance for the upcoming FY19 result.
The Lynas Corporation Ltd (ASX: LYC) share price is up another 9.5% after highlighting the fact that Malaysian Prime Minister acknowledged the importance of Lynas’ operations in the country.
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