ASX 200 lunch time report: a2 Milk, St Barbara, & Westpac higher

Domino's Pizza Enterprises Ltd (ASX:DMP), Nearmap Ltd (ASX:NEA), and St Barbara Ltd (ASX:SBM) shares have been on the move on the ASX 200 on Tuesday…

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At lunch on Tuesday the S&P/ASX 200 index has built on yesterday's gain and is up a further 0.1% to 6,671.4 points.

Here's what has been happening on the market today:

Bank shares mixed.

It has been a reasonably mixed day for the big four banks. At lunch the Commonwealth Bank of Australia (ASX: CBA) share price has dropped almost 0.5% lower, but the Westpac Banking Corp (ASX: WBC) share price is leading the way with a gain of 0.25%.

Domino's class action.

The Domino's Pizza Enterprises Ltd (ASX: DMP) share price has dropped 1.5% lower on Tuesday after being hit with a class action. According to its website, Phi Finney McDonald is conducting a class action against Domino's for widespread underpayment of delivery drivers and in-store workers employed at franchise stores. Domino's responded by saying that it "takes the proper payment of its team members seriously. Any formal proceedings received will be reviewed and actioned in the ordinary course."

Gold miners charge higher.

Australia's gold miners have charged higher again today after the spot gold price rose to a multi-year high overnight. Saracen Mineral Holdings Limited (ASX: SAR) and St Barbara Ltd (ASX: SBM) shares are the best in the group with gains of 6.5% and 4.5%, respectively. This has helped drive the S&P/ASX All Ords Gold index 1.8% higher at lunch.

Best and worst performers.

Outside the gold miners, the next best performer on the ASX 200 index on Tuesday has been the A2 Milk Company Ltd (ASX: A2M) share price with a gain of almost 3%. The fresh milk and infant formula company's shares have bounced back from a spot of weakness at the end of last week. Going the other way is the Nearmap Ltd (ASX: NEA) share price which has tumbled 6% lower. This appears to have been driven by profit taking after a stellar share price rally in recent weeks.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Nearmap Ltd. The Motley Fool Australia owns shares of A2 Milk. The Motley Fool Australia has recommended Domino's Pizza Enterprises Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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