Australian shares plunge again, hitting 100-day low

The ASX200 fell 2.76 per cent for the week, its worst performance since mid-April. (Dan Himbrechts/AAP PHOTOS)

The Australian share market has dropped sharply for a second day to close at its worst level in 100 days and suffer its second-worst weekly performance of the year. 

The benchmark S&P/ASX200 index on Friday fell 101.2 points, or 1.24 per cent, 8,067, its lowest close since September 11.