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Australian shares head for worst day in two weeks as banks and miners drag
Australian shares fell on Thursday and were on track for their worst session in two weeks, dragged down by banks and miners, while Santos slid after lowering the top end of its annual production forecast due to delays at its Alaska project. The S&P/ASX 200 index fell 0.7% to 8,775.30 by 0053 GMT, heading for its biggest daily drop since October 8. Santos dropped as much as 1.8% in its steepest intraday fall in three weeks, after the country’s second-largest independent oil and gas producer narrowed its 2026 production and sales volume outlook. The energy sub-index declined 2%, posting its ...
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