Australia shares post worst session in week as fresh lockdown weighs


AUSTRALIAN shares ended 1.5% lower on Wednesday, their worst session in more than a week, as investors refrained from making big bets after a lockdown was reimposed in the country's second-most populous state, slowing a broader national recovery.

Australia could take an economic hit of as much as A$1 billion ($700 million) each week because of coronavirus restrictions imposed again by the state of Victoria, Treasurer Josh Frydenberg said on Wednesday.

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Australia , ASX200 , lockdown

   

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