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Global Markets: Australia shares log worst week in nearly a month with US-Iran talks stuck in limbo
Australian shares experienced their worst week in nearly a month, with the S&P/ASX 200 index closing down 0.7% on Friday. Escalating U.S.-Iran tensions and conflicting Middle East headlines left investors uneasy, prompting profit-taking and a reassessment of risks from high oil prices and geopolitical instability. Financials and resources sectors saw significant declines.
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smh.com.au
ASX advances as mining, energy stocks jump; Bitcoin tumbles
The Australian sharemarket has made a steady start to the session while oil prices advanced on pessimism over the prospects of the US and Iran reaching a peace deal and as…
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theage.com.au
ASX drops as metals prices weigh on mining giants
The sharemarket lost ground on Friday as softening commodity prices and stalled Persian Gulf peace talks dented investor sentiment.
