Share Coverage
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$38b wiped off Australian share values
Monday, 12 Sep 2016 07:53:27 | Michael Janda
Stock prices displayed on an information screen at the Australian Securities Exchange (ASX) in Sydney on September 12, 2016. (AAP: Paul Miller)
The Australian share market sheds around $38 billion in value, with a fall of more than 2 per cent following Wall Street's rout on Friday.
The benchmark ASX 200 and All Ordinaries indices are off more than 2 per cent heading into the close, with a fear of US interest rate rises driving the sell-off.
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