The Economic Times News

Australian stock market retreats from 20-day high as ASX 200 slips; DroneShield jumps 10%, Deep Yellow falls

Australian shares dipped on Monday, with the S&P/ASX 200 closing down 0.72%. Despite a brief intraday high, the market saw broad declines across most sectors, led by Materials. DroneShield and Austal were notable gainers, while Deep Yellow and Boss Energy experienced significant drops. The market shows resilience over the year, though recent volatility persists.