Aust stocks slump 1.5%

Local market follows Wall Street lower after downbeat Chinese industrial production data, continuing Russia-Ukraine jitters.

Downbeat Chinese industrial production data and fresh worries over the Russia-Ukraine situation weighed on the Australian sharemarket today, which followed Wall Street sharply lower.

At the 4.15pm (AEDT) official market close, the benchmark S&P/ASX200 index was 83.2 points, or 1.54%, lower at 5,329.4 points, while the broader All Ordinaries index fell 82 points, or 1.51%, to 5,347.1.

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