Trading

Australia’s ASX market halted over technical fault

Trading on the country’s main equities market was suspended twice and limited to just three hours

ASX is headquartered in Sydney
ASX is headquartered in Sydney Photo: iStockPhoto

A technical fault disrupted Australia’s main equities market on Monday, limiting trading for the day to less than three hours.

ASX delayed opening the market by 90 minutes as it worked to resolve the problem, then staggered the start with only portions of the market trading. Some initial trades had to be cancelled when stocks mistakenly went live. The market was again halted after midday and didn't reopen.

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