Industry News

ASX200 falls on iron ore, energy tumble

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Update time : 2024-07-08 16:32:19

A tumble in iron ore and oil prices depressed the sharemarket on Monday, with heavyweight energy and mining stocks pulling the local bourse into the red.

The benchmark ASX200 fell 59.1 points, or 0.76 per cent, to close at 7763.2, while the broader All Ordinaries index shed 57.9 points, or 0.72 per cent, to finish at 8012.2.

Tech stocks lifted 0.25 per cent to close at 3088.8.

The Aussie dollar dipped 0.07 per cent against the greenback to buy US67.4c at the closing bell.

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