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Materials weigh on market

MINERS were the worst performers on what was another down day for the local market.

Kristie Batten

The S&P/ASX 200 dropped 0.3% or 18.6 points to 5696.5 points. Materials fell almost 1.5% as most of the majors fell. Fortescue Metals Group dropped 8% or A20c to $2.31 after the iron ore spot price...

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