Market Close 3 Aug 20: Banks, retailers & travel stocks fall sharply on Victoria’s stricter Covid-19 lockdowns

The Aussie market stabilised from early declines with the ASX 200 closing mostly flat for the day. Investors sold off banking, retailing & travel stocks as Victoria introduced stricter Covid-19 measures to battle the spread of the virus. Impressive gains for mining, healthcare and energy stocks helped balance out most of the declines.

 

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