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  • Australia's main share index fell 9.7 percent on Monday, the largest ever percentage drop, as fears over the economic impact of coronavirus savages global markets. The ASX 200 tumbled 537.30 points to 5,002.00, with the energy and industrial sectors leading the declines as they both lost more than 15 percent as investors shrugged off a volley of stimulus measures from central banks around the world and at home. The losses were in line with an Asia-wide retreat and CommSec said the "latest initiates from central banks failed to give investors confidence". The ASX 200 has now fallen more than 30 percent since late February. arb/dan
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  • Australian index ends down 9.7% in largest-ever drop
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