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

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.94% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.94% at lunch.

The share prices of Australia’s largest iron ore miners are seeing declines with Chinese steelmakers voicing concerns about the iron ore price. The BHP Group Ltd (ASX: BHP) share price is down 1.5%, the Rio Tinto Limited (ASX: RIO) share price is down 1.8% and the Fortescue Metals Group Limited (ASX: FMG) share price is down only 0.3%.

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The Volpara Health Technologies Ltd (ASX: VHT) share price is up 1.5% after announcing a new agreement which could increase its ARPU.

The share price of Somnomed Limited (ASX: SOM) is up 0.65% after the healthcare company revealed it had passed 500,000 patients.

At the red end of the ASX 200 the share price of childcare business G8 Education Ltd (ASX: GEM) is down 8.8%.

But at the green end of the ASX the Speedcast International Ltd (ASX: SDA) share price is up around 7%.

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$50,000 per year in passive income from shares? Yes, please!

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Picture of Jaz Harrison

Jaz Harrison

Jaz is a Staff Writer for Rask. She is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.
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