ASX Plunges 2.5 Percent as COVID-19 Cases Surge

ASX Plunges 2.5 Percent as COVID-19 Cases Surge
A workman is stumped while he erects the Australian Stock Exhange board in Melbourne, 28 August 2006 AFP/AFP via Getty Images
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The Australian share market has suffered its worst loss in two weeks after a rise in coronavirus cases in both the United States and Victoria.

The benchmark S&P/ASX200 benchmark index finished Thursday down 148 points, or 2.48 percent, to 5,817.7, while the broader All Ordinaries index closed down 153.6 points, or 2.53 percent, at 5,928.

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