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ASX plunges 2.1% to three-week low; CBA down 4.4% as banks fall – The Sydney Morning Herald

The S&P/ASX 200 fell more than 2% to 7216.6 just before midday, a level not seen in three weeks. The financial sector is down…

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Australian sharemarket extended its early losses with the index now down 2.1 per cent – or $45 billion lighter- in what is shaping up as the worst trading session in a month.
However, asset managers say todays selloff – much like the movements we saw on…

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