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Tuesday 9 May 2017

Australia - Market Close 9 May 17: Banks drop amid speculation a bank levy will be announced in the Budget: CommSecTV

Published on 9 May 2017
The local share market has slipped 0.5%, weighed down by a sharp 2.4% drop in the financial sector. Investors sold off bank shares amid speculation a special bank levy will be announced in tonight’s Federal Budget.

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