The Australian market closed with more losses today, ending a bad week for Aussie shareholders. The S&P/ASX 200 index is a market-capitalization weighted and float-adjusted stock market index of Australian stocks listed on the Australian Securities Exchange. This week, the index fell 4.2% and has fallen a whopping 10% since the start of 2016.
Here’s where things stand after today's disappointing scorecard:
- S&P ASX 200: 4,765.30 -55.78 -1.16%
- All Ordinaries: 4,816.60 -54.26 -1.11%
- AUD/USD: 0.7103 -0.0005 -0.07%
[Via Business Insider]