The Australian stock market has dropped more than six per cent in a single day, wiping more than $155 billion and recording the biggest one-day fall since the Global Financial Crisis.
The biggest one-day fall during the Global Financial Crisis was on October 10, 2008 when the market fell 8.3 per cent in a single trading day.ASX on the day of sharp falls across markets due to coronavirus fears.
Australia has had teo negative quarters ... we are already in recession
so 2012 was really 2020 Mayans wrongpreditions
A pervasive virus is threatening our economic well-being and the conservatives reckon they'll cure it with a quick injection of 1980's trickle down economic theory. HA! auspol economiccrisis LNPfail
RT : It's the biggest one-day fall since the GFC. 9News
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