The Australian sharemarket has easily wiped out this week’s gains, with shares hitting five-week lows. This follows a weak lead from US tech stocks, a pause in a vaccine development and a 7.5% tumble in oil prices.
Lunch Report: Aussie Market Hits 5-Week Low
The Australian sharemarket has easily wiped out this week’s gains, with shares hitting five-week lows. This follows a weak lead from US tech stocks, a pause in a vaccine development and a 7.5% tumble in oil prices.
- Published on September 9, 2020
- By James Tao
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