The Australian Securities Exchange (ASX) has dropped another six points this morning (8 August) as of 11am AEST after the platform’s shares saw its largest fall in two years.
ASX (ASX:ASX) fell 6.06% to a share price of $64.22 per share at 10.20am today, dropping as much as 11% yesterday.
This follows the country’s financial regulator’s consideration to list on the Cboe Australian market.
The platform has also been in trouble for a ticker error that whipped $400 million from TPG Telecom (ASX: TPG) recently.
The materials sector is the only sector performing better this morning with a 0.29% increase.
Westgold Resources (ASX:WGX) is up 4.14% today, now trading at $3.02 per share after filing an updated technical report yesterday.
The S&P/ASX200 is Australia’s leading share market index and contains the top 200 ASX-listed companies in terms of market capitalisation, and accounts for about 80% of the country’s equity market.
The index is designed to measure the performance of the 200 largest index-eligible stocks listed on the ASX by float-adjusted market capitalisation.
It is recognised as the institutional investable benchmark in the country.
Write to Maddison Elliott at Mining.com.au
Images: Australian Securities Exchange
