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Hot Topic Budget 25
Hot Topic Budget 25
Australia
2 mins to read

ASX plunges over 6.3% on opening in volatile sell-off

The fall was the biggest since March 2020, during the Covid pandemic.

The market has lost 15% since last week, closing in on bear market losses of 20%.

Stocks plunged dramatically on the ASX today in a broadbased sell-off that saw the benchmark S&P/ASX200 index plunge 6.3% within minutes of the market opening.

After posting their worst week since 2022 last week with about A$90 billion ($97.25b) in value wiped out, the rout continued today as

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Lachlan Colquhoun Mon, 07 Apr 2025
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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ASX plunges over 6.3% on opening in volatile sell-off
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