Australian stocks fell to a 2 half-year low on Tuesday,
joining a hunch in worldwide markets as sliding oil costs weighed on
electricity shares and issues about the health of banks reignited concerns over
global boom.
The S&P/ASX 2 hundred index dropped 143.3 points, or 2.9
percent, to shut at 4,832.1, its largest percent decline considering that Sept.
29 and its lowest end on account that July 2013. The benchmark is now down 8.7
percentage to date this 12 months.
New Zealand's
benchmark S&P/NZX 50 index dipped 82.five points, or 1.three percent, to
finish the session at 6,071.3, its lowest end in view that Dec. 15.
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