Aust stocks slide at noon

Local market extends losses, led by financials and major miners after poor Wall St lead.

The Australian stock market extended losses to fall more than 1% at noon, with miners and financials dragging the index lower after a disappointing performance on Wall Street.

At 1205 AEST, the benchmark S&P/ASX200 index fell 1.11% to 5,048.7 points, while the broader All Ordinaries index lost 1.07% to 5,033.4 points.


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