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AAP
AAP
Business
Jacob Shteyman

Aust shares wobble as investors fear wider Mideast war

IG Oil
The ASX200 hit a new low for 2023 of 6,755.7 shortly after the open. (Steven Saphore/AAP PHOTOS)

The Australian share market has extended the previous week's losses as fears of a broader regional conflict in the Middle East continue to fuel a sell-off in equities.

The benchmark S&P/ASX200 index on Monday finished down 54 points, or 0.79 per cent, at 6,772.9 after recovering somewhat from a 12-month low of 6,755.7 shortly after the open.

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