Monday 17. The Australian stock market was more than two per cent lower in early afternoon trade, weighed down by declines among mining and financial stocks.
The benchmark S&P/ASX200 index was 100 points, or 2.17 per cent, lower at 4511.1 points, while the broader All Ordinaries index had fallen 99 points, or 2.13 per cent, at 4544.0 points.
Materials stocks fell 3.2 per cent, financials dropped 2.7 per cent and the industrials index was 2.2 per cent lower.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest
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