ALL ORDINARIES Index (XAO) Falls, Afterpay (ASX:APT) Share Price Jumps

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.62% at lunch.

Bucking the downward trend, the Afterpay Touch Group Ltd (ASX: APT) share price has jumped 13.3% this morning after Goldman Sachs rated the buy now, pay later company a buy.

***

WATCH NOW: The Australian Investors Podcast Feat.
Global Investing Expert Hamish Douglass

Hamish Douglass is one of Australia's top investors and founders, having co-founded Magellan - a near $9 billion business! Learn exactly how Hamish invests in shares today.

iTunes — Soundcloud — Castbox — YouTube — Spotify

***

International news is causing some investors to be turned off the fast growing, internationally-focused, high-priced shares like Pro Medicus Limited (ASX: PME) which is down over 5% and the Magellan Financial Group Ltd (ASX: MFG) share price is down 4.5%.

1300 Smiles Limited (ASX: ONT) has seen its share price fall 1% as news broke of its acquisition pursuits of Maven, although it faces stiff competition from BGH.

Dairy giant Fonterra Shareholders’ Fund (ASX: FSF) has seen its share price rise 0.3% after announcing it could reduce debt by $1 billion after some asset sales.

Gold miners are having a bit of a resurgence as investors worry about global problems, the Evolution Mining Ltd (ASX: EVN) share price is up around 2%.

At the time of publishing, Jaz does not have a financial interest in any of the companies mentioned.

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 click the link below.

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

Simply click here to grab your copy and get research on these three ideas -- FREE!

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.

Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

Keep reading:

Knowing your Money Type, with Melissa Browne

When Owen and I interviewed Melissa Browne, financial expert and author of Unf*ck Your Finances, More Money For Shoes and more recently Budgets Don’t Work (But This Does), she spoke about the importance of diving deeper into your money personality in order to improve your overall financial health.

Read More