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Australia Market falls on North Korea geopolitical tension

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Capital Market
Australian equity market finished session lower on Monday, 04 September 2017, as risk sentiments dampened on news of North Korea's nuclear weapons test at the weekend rekindled geopolitical risk. Most of ASX sectors declined, with major banks and financial stocks being the main drag. At the close, the S&P/ASX 200 index closed 0.4%, or 222.59 points, lower at 5702, while the broader All Ordinaries index closed down 0.39%, or 22.34 points, at 5763.80. Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 664 to 526 and 366 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 9.48% to 13.487.

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First Published: Sep 04 2017 | 5:24 PM IST

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