P Asx: Cent and Points

p asx: It was the S&P/ASX200's worst loss since a 129-point, 2.3 per cent loss on December 10, 2018, according to The Independent. It's a tough day at the office, CMC Markets chief market analyst Michael McCarthy said. The benchmark S&P/ASX200 index finished down 128.3 points, or 1.9 per cent, to 6,640.3 points at 1615 AEST on Monday, while the broader All Ordinaries was down 135.5 points, or 1.98 per cent, to 6,710.6 points. It's just been relentless. The plunge came after China let the yuan tumble to its weakest level in a decade and asked state-owned companies to suspend US agricultural imports, in apparent retaliation for US President Donald Trump's vow to impose additional 10 per cent tariffs on Chinese exports on September 1. The market was steadily lower throughout the session and closed very close to the day's lows. (news.financializer.com). As reported in the news.