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Australian Shares Fall 0.5% as Oil Surges and Banks, Miners Weigh

The S&P/ASX 200 was down 0.5% at 9,101.70 by 2321 GMT, extending its decline for a second day as banks and miners led losses.

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Australian shares extended their decline for a second day on Friday, as most sectors traded in negative territory with banks and miners shedding the most, while investor sentiment was hampered by resurgent geopolitical tensions.The S&P/ASX 200 ASX:XJO was down 0.5% at 9,101.70 by 2321 GMT. The inde…

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