Australia Stocks fall 1.2%

Australian equity market finished session near 3-week low on Friday, 11 August 2017, as investors fled to safer assets after the inflammatory exchange of words between North Korea and the United States heightened geopolitical tensions and uncertainty in financial markets. At the close, the S&P/ASX200 index was 1.2%, or 67.8 points lower at 5693.1 while the broader All Ordinaries index also closed down 1.2%, or 67 points at 5743.5. For the week, , the S&P/ASX200 index was down 0.5%.

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