The Economic Times

S&P/ASX 200 drops as Australian shares hit 10-month low as Middle East war drives inflation woes; check top gainers and losers

The Australian share market, ASX 200, hit a 10-month low on Monday. Rising tensions between Washington and Tehran sent oil prices up, sparking inflation worries. This pushed the benchmark index down significantly. Several mining stocks saw sharp declines. Investors are now awaiting inflation data. The market is experiencing its weakest March since 2020.