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AAP
AAP
Business
Derek Rose

Energy and mining lead Australian stocks lower

The ASX has started the week down, led by oil and iron ore prices. (Steven Saphore/AAP PHOTOS)

The local share market has started the week on a losing note, dragged down in part by losses from the energy and materials sectors following a drop in commodity prices.

The benchmark S&P/ASX200 index on Monday dropped 59.1 points, or 0.76 per cent, to 7,763.2, while the broader All Ordinaries fell 57.9 points, or 0.72 per cent, to 8,012.2.

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