Australian Market Report of September 1: Sell-off in China Dented Sentiment

  Sydney, Australia, Sep 1, 2009 - (ABN Newswire) - Overnight Wall Street fell following a massive sell-off in Chinese shares, which plunged 6.7 per cent on Monday. The Shanghai Composite index has lost more than 20% of its value in one month. The Australian share market closed lower yesterday after rallies in a satisfactory reporting season. The benchmark S & amp;P/ASX200 index was down 10.5 points, or 0.23 per cent, at 4479.  

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