Australian stocks lose $91 billion in a week as Middle East war weighs, ASX 200 falls 3.8%, erasing half of February gains; check top gainers and losers
The Economic Times·2026-03-06 07:22
Australian Sharemarket: The widening The S&P/ASX 200 closed lower Friday, dropping 89.30 points or 1.00% to 8,851.00 and crossing below its 50-day moving average. The bottom performing stocks in this index were DEEP YELLOW LIMITED and CATALYST METALS LIMITED, down 11.79% and 11.34% respectively. The index has lost 3.78% for the last five days, but sits 3.82% below its 52-week high.The benchmark has slumped 3.8% since the weekend when the United States and Israel began bombarding Iran giving up about hal ...