Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.01% at lunch.
The CSL Limited (ASX: CSL) share price is one of the leading factors in the healthcare company’s decline. It is down 2.7% after announcing the FY20 effects of its Chinese distribution change.
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The share price of Boral Limited (ASX: BLD) is up 0.85% after revealing how much it expects to make from its Scoresby property in Victoria over the coming years. However, the Mirvac Group (ASX: MGR) share price is down 0.6% in response.
The Lynas Corporation Ltd (ASX: LYC) share price has climbed 5.5% after updating shareholders about its growth plans and the regulatory environment.
A2 Milk Company Ltd (ASX: A2M) shares are down around 1% after referencing the Chinese announcement regarding intentions about e-commerce platforms.
Coal miners are having a strong day with the New Hope Corporation Limited (ASX: NHC) share price rising 5.5% and the Whitehaven Coal Ltd (ASX: WHC) share price up 3.2%.
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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.