ASX on cusp of correction after horror six weeks

By Patrick Commins
Updated October 14 2014 - 11:18am, first published 9:18am
The local equity benchmark has now slumped 8.9 per cent over the past six weeks to 5155.5, well within striking distance of a 10 per cent fall since its last closing high on September 2 . Photo: Peter Braig
The local equity benchmark has now slumped 8.9 per cent over the past six weeks to 5155.5, well within striking distance of a 10 per cent fall since its last closing high on September 2 . Photo: Peter Braig
The local equity benchmark has now slumped 8.9 per cent over the past six weeks to 5155.5, well within striking distance of a 10 per cent fall since its last closing high on September 2 . Photo: Peter Braig
The local equity benchmark has now slumped 8.9 per cent over the past six weeks to 5155.5, well within striking distance of a 10 per cent fall since its last closing high on September 2 . Photo: Peter Braig
The local equity benchmark has now slumped 8.9 per cent over the past six weeks to 5155.5, well within striking distance of a 10 per cent fall since its last closing high on September 2 . Photo: Peter Braig
The local equity benchmark has now slumped 8.9 per cent over the past six weeks to 5155.5, well within striking distance of a 10 per cent fall since its last closing high on September 2 . Photo: Peter Braig
The local equity benchmark has now slumped 8.9 per cent over the past six weeks to 5155.5, well within striking distance of a 10 per cent fall since its last closing high on September 2 . Photo: Peter Braig
The local equity benchmark has now slumped 8.9 per cent over the past six weeks to 5155.5, well within striking distance of a 10 per cent fall since its last closing high on September 2 . Photo: Peter Braig

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