ALL ORDINARIES Index (XAO) Down, CBA (ASX:CBA) Share Price Falls

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX:XAO), is currently down 2.02% at lunch.

The Commonwealth Bank of Australia (ASX: CBA) share price is down almost 2%, making it one of the bigger detractors from the index’s performance at lunch.

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The share price of Telstra Corporation Ltd (ASX: TLS) has fallen 1.4% in reaction to its FY19 result and the dividend cut.

Treasury Wine Estates Ltd (ASX: TWE) shares are up 2.75% with investors being pleased by the growth that the winemaker reported today.

Shares of InvoCare Limited (ASX: IVC) have fallen 6% in response to the funeral company’s half year result.

The Sydney Airport Holdings Pty Ltd (ASX: SYD) share price is down almost 2% in response to the airport operator’s half year result.

The share price of Cleanaway Waste Management Ltd (ASX: CWY) has been sent to the garbage by investors, it has dropped 9.2% after the release of the profit report.

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

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Free analyst report: 3 tech stocks to own in 2020

As we emerge from COVID-19, some companies are growing FASTER THAN EVER — and their share prices are rocketing.

Against the backdrop of the enormous cloud computing market — valued around $US210 billion , right now is the time to buy and own these companies.

Our lead investment analyst has identified 3 growth stocks in a net cash position, with strong competitive forces and obvious tailwinds at their back. That’s why he already owns shares in all three companies!

You can get his FREE investment research report, which we’ve named our “3 Best Share Ideas for the Cloud Computing Revolution” when you sign up to our investor email below.

Our expert’s report is 100% free and unlocks hundreds of hours of bonus content.

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