ASX dips to 5-week low\, finds support in materials and banks

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ASX dips to 5-week low, finds support in materials and banks

Summary

  • The ASX 200 fell 0.9% at Monday's open, before recovering to be nearly flat 
  • Tech stocks were the hardest hit at the start of trade, with Afterpay down as much as 4.3 per cent to $74.82 
  • Deals signed by biotech CSL could see a COVID-19 vaccine release in Australia by early next year
  • Melbourne's stage four lockdown will be extended for two weeks beyond the original end date of September 13, while stage three restrictions will ease slightly in regional Victoria 

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