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‘Bruising’: ASX hits seven-week low
The Australian sharemarket has fallen to a seven week low as oil prices weigh heavy on miners and industrial companies.
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smh.com.au
ASX ends week lower as miners slump, banks gain ground
Financial stocks, which suffered sharp losses after changes to negative gearing and capital gains tax were announced in the budget, bounced higher.
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theage.com.au
ASX slumps as rising oil prices rattle markets; Elders tumbles
The Australian sharemarket has fallen at the open as higher oil prices and growing inflation concerns sent a shiver through the bond market over the weekend.
