WA index drops below $100bn

A bad May for the mining and oil and gas sectors has pushed down the Deloitte WA stock exchange index below the $100 billion mark, just one month after it broke this barrier for the first time.
For the month ending May 31, the Deloitte WA Index closed with a market capitalisation of $98.8 billion, this is a decrease from April of $4.2 billion.
Despite the drop, the index slightly outperformed the ASX all ordinaries index which fell 4.5 per cent over the same period.


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