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Australian shares fall as weaker metal prices weigh on miners

Australian shares fell on Friday as weaker metal prices weighed on mining stocks, offsetting gains in technology shares, while investors monitored developments in the US-Iran standoff over the Strait of Hormuz. The S&P/ASX 200 index lost 0.7% to 9,128.50 by 0028 GMT, on track for its largest weekly drop in nearly four months. The benchmark lost 0.2% on Thursday. Sentiment weakened after the US…

Australian shares fall as weaker metal prices weigh on miners

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