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Australia's stock market dives to six weeks low


Australia s stock market dives to six weeks low
Lola Evans
Stocks in Asia sank on Wednesday, mirroring the trend on Wall Street overnight.
The Australian All Ordinaries fared the worst, shedding 133.40 points or 1.81 percent to 7,165.70.
For long-term investors, there are more buying opportunities ahead.
SYDNEY, NSW, Australia - Stocks in Asia sank on Wednesday, mirroring the trend on Wall Street overnight.
The Australian All Ordinaries fared the worst, shedding 133.40 points or 1.81 percent to 7,165.70, its biggest one-day fall in twelve weeks. The closing at 7,165.70 was the lowest close since 17 April.
For long-term investors, there are more buying opportunities ahead, Bell Direct senior market analyst Jessica Amir told The Sydney Morning Herald Wednesday. ....

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