The XJO is currently trading approximately 50 points lower, with every sector in the red.
The IT and energy sectors are hardest hit, with the defensive telco and healthcare sectors holding firm.
In company news, Platinum Australia (PLA) has suffered heavy falls due to problems with its Smokey Hills mine, the company’s only producing site. The stock has been down as much as 12%.
Around the region, all Asian markets are weaker – the Hang Seng is off 0.7% whilst the Nikkei is down 0.6%.
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