Aust stocks close deep in the red

Local market follows Wall Street lower, with high valuation stocks falling.

The Australian sharemarket has closed deep in the red today, following Wall Street lower after soft Chinese trade data and an offshore move away from high-growth tech and biotech stocks.

At the 4.15pm (AEST) official market close, the benchmark S&P/ASX200 index declined 52.2 points, or 0.95%, to 5,428.6, while the broader All Ordinaries index lost 54 points, or 0.99%, at 5,423.5.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles