BHP hits 2014 low as shares slide
Australian shares fell on the eve of the RBA’s October policy meeting, led down by the big miners amid ongoing weakness in major commodities and the local currency, although volumes were low.
Australian shares fell on the eve of the Reserve Bank of Australia’s October policy meeting, led down by the big miners amid ongoing weakness in major commodities and the local currency, although volumes were low because of the public holiday in many states.
On Monday, the benchmark S&P/ASX 200 Index fell 0.5 per cent to 5292.9 points while the broader All Ordinaries Index fell 0.4 per cent to 5292.6 points. The big banks and miners fell in tandem.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Equity markets
Fetching latest articles