Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 2.23% at lunch.
One of the worst declines belongs to the Afterpay Touch Group Ltd (ASX: APT) share price which is down by 3.7%.
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The Webster Limited (ASX: WBA) share price is going nuts, it’s up 52% after receiving a takeover offer from a Canadian pension investment subsidiary.
Perhaps unsurprisingly on a day like today, gold miners are performing the best at the midday point. The share price of Saracen Mineral Holdings Limited (ASX: SAR) is up by 4.6% and the share price of Northern Star Resources Ltd (ASX: NST) is up by 4.4%.
The Magellan Financial Group Ltd (ASX: MFG) share price is down only 0.8% after announcing that it has raised $862 million for its new Magellan High Conviction Trust which will cost Magellan $55 million in loyalty and IPO foundation units. Around 17,000 investors applied for the priority offer and 1,800 investors applied for the general public and wholesale offers.
3 tech stocks for a massive COVID-19 rebound
Amidst the COVID-19 confusion, some cloud-based companies are growing... FAST!
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At the time of publishing, Jaz does not have a financial interest in any of the companies mentioned.
