ALL ORDINARIES Down, Metcash (ASX:MTS) Share Price Falls

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.49% at lunch.

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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.49% at lunch.

The Metcash Limited (ASX: MTS) share price is down 9.21% after reporting its FY19 result to investors and announcing a dividend.

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The share price of Australia and New Zealand Banking Group (ASX: ANZ) is down 0.1% as investors learned that its New Zealand subsidiary would be subject to independent reviews.

The share prices of AP Eagers Ltd (ASX: APE) and Automotive Holdings Group Ltd (ASX: AHG) are down 2.75% and 2% respectively as the ACCC raised some preliminary concerns about the potential merger, particularly in a region in Newcastle.

Viva Energy Group Ltd (ASX: VEA) shares are flat as the petrol business provided an unaudited guidance update for the first half of its FY19. Underlying profit is expected to be between $60 million to $80 million.

Shares of Kogan.com Ltd (ASX: KGN) are down 1.2% and Meridian Energy Ltd (ASX: MEZ) shares are down 2.2% in reaction to the two businesses launching Kogan Energy.

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