Connect with us


ASX at three-month low; Big losses for BHP, Rio, Fortescue – The Sydney Morning Herald

The ASX 200 has continued its September slide, dropping as much as 1% to a three-month low. The heavyweight miners and banks are in the red.



The Australian sharemarket is near a session low in early afternoon trade, shedding another 0.9 per cent to sink to a three-month trough. The ASX 200 is on track for a fourth straight session in the red, something which hasn’t happened since April.
The iron ore giants, banks, gold miners, property, and energy firms were suffering as the index fell to 5769.8 at about noon. It’s the lowest the market has been since June 16, and represents a 4.7 per cent loss for September so far.
The market, wh…

Click here to view the original article.

Safety Mate