Australia’s ASX 200 suffers biggest daily drop since June 1992

The ASX closed down by a whopping 9.7% today

This takes the index back to its lowest closing level since April 2016, with a total of A$162 billion wiped out from the market in trading today alone.

For some context, the index is now down by over 30% from its recent 20 February high.
ForexLive