The ASX has trimmed a sharp fall this afternoon.
The S&P/ASX200 dropped 129.50 points or 1.67% to 7,623.00, setting a new 20-day low. It briefly erased its 2024 gain. The index has lost 2.57%% for the last five days but is virtually unchanged over the last year to date.
US inflation jitters, elevated geopolitical risk and patchy economic data from China are all having an impact on the markets.
The bottom-performing stocks in this index are The Star Entertainment Group Ltd and Paladin Energy Ltd ( $Paladin Energy Ltd(PDN.AU$ ), down 13.40% and 6.50% respectively.
The bottom-performing stocks in this index are The Star Entertainment Group Ltd and Paladin Energy Ltd ( $Paladin Energy Ltd(PDN.AU$ ), down 13.40% and 6.50% respectively.
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