Australian share market suffers $25 billion loss as 'war, inflation, rate hikes' hit global markets - ABC News
5/9/2022 12:00:00 AM2 years 11 months ago
by ABC News
by ABC News
The Australian share market loses almost $25 billion as it follows Wall Street's dive on concerns about looming rate hikes causing a global economic slowdown.
The Australian share market has lost $25 billion as it follows Wall Street lower on concerns about rate hikes triggering a global economic slowdown. Key points:
- All Ords loses 2.6 per cent … [+5461 chars] full article...