Mar­ket fall- out

Townsville Bulletin - - Investor -

THE Aus­tralian share mar­ket plunged to a six-month low yes­ter­day, suf­fer­ing its worst one-day fall in nine months as in­vestors feared the eco­nomic im­pact of Ja­pan’s wors­en­ing nu­clear cri­sis.

Stock mar­kets across the re­gion were sharply lower.

The in­vestor rout be­gan af­ter re­ports that an­other ex­plo­sion and fire had pushed ra­di­a­tion to harm­ful lev­els at one of Ja­pan’s earth­quake-hit nu­clear plants.

T h e b e n c h m a r k S & P / ASX200 in­dex fell 97.7 points, or 2.11 per cent, to 4,528.7 points, while the broader All Or­di­nar­ies in­dex lost 100.2 points, or 2.13 per cent, to 4,609.9 points.

On the ASX 24, the March share price in­dex fu­tures con­tract was 74 points lower at 4,535 points, with 167,423 con­tracts traded.

The f al l t ook t he S& P/ ASX200 in­dex to its weak­est level since Septem­ber 3 last

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