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As it happened: September slide continues as ASX hits three-month low – The Sydney Morning Herald

The ASX 200 shed as much as 0.9% on Monday as the mining giants and the banks weighed. The local bourse finished 0.7% down at its lowest close since June 29.

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The market is now down 3.9 per cent for the month and is 5.5 per cent off the post-pandemic peak hit on August 25, shedding about $100 billion from its market capitalisation in that time.
The local decline mirrors the recent selloff of US tech stocks, which continued on Friday amid more stimulus package uncertainty and pre-election posturing.
TMS Captial portfolio manager Ben Clark said Monday’s trade was another slow news day dominated by a soft Wall Street lead.
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