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ALL ORDINARIES Index (XAO) Up, Bega Cheese (ASX:BGA) Shares Go Sour

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.05% at lunch.

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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.05% at lunch.

The Bega Cheese (ASX: BGA) share price is down by 12% with investors feeling bitter about the trading update with lower profit expectations for FY20.

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Lithium miners are charging up again today, the share price of Orocobre (ASX: ORE) is up 5.75% and the Mineral Resources (ASX: MIN) share price is up 6.6%.

Coles (ASX: COL) gave its September 2019 quarter update this morning, sending the share price up 2.3%, although growth was quite limited.

The shares of Costa (ASX: CGC) remain in a trading halt whilst it carries out a heavily discounted capital raising, but its trading update was not at all encouraging.

Buy now, pay later company Splitit (ASX: SPT) has given its September 2019 update, sending the share price up 12.4%.

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

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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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