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ASX down 2.5 per cent in early trade


The native bourse has fallen even additional in early commerce, hitting a contemporary 14-week low.

The benchmark S&P/ASX200 index had dropped 170.7 factors, or 2.4 per cent, to six,950 at 1035 AEDT on Tuesday.

The All broader All Ordinaries was down 187.8 factors, or 2.55 per cent, to 7,170.1.

It is the sixth day of losses in seven days for the ASX, and at present its worst day of buying and selling since February 24, the start of Russia’s invasion of Ukraine.

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The ASX is at its lowest stage since January 31 and is down 6.5 per cent for the yr.

Each sector was down not less than 1.4 per cent, with power shares collectively falling 4.4 per cent and tech shares dropping 4.3 per cent.



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