DJ ASX 200 Falls 0.3% on Commodity, Financial Weakness -- Market Talk
2021 Dow Jones & Company, Inc.
0625 GMT - Australia's S&P/ASX 200 closed 0.3% lower at 7417.0, snapping a three-day winning streak on losses by commodity and financial stocks. The benchmark followed U.S. stocks lower at the open before paring losses to close 2.8% below its record close of 7628.9 from Aug. 13. The energy sector lost 2.2% as Whitehaven Coal, Oil Search, Santos, Beach Energy and Worley gave up between 2.3% and 4.3%. Generator and retailer AGL slumped 7.4%, making it the worst-performing ASX 200 component. BHP lost 3.5% as it detailed its potash plans more, while Champion Iron fell 3.2%. Commonwealth Bank, NAB and ANZ slipped by between 0.2% and 0.4%. (email@example.com; @StuartLCondie)
(END) Dow Jones Newswires
September 15, 2021 02:25 ET (06:25 GMT)
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