Share market hits biggest fall in four months

The share market has posted its biggest fall in four months, as investors dumped stocks amid fears Britons will vote to exit the European Union in 10 days.

Stocks dropped at the open and kept falling through the session, with every sector in the red, ABC reports

Traders are also awaiting the outcome of key policy meetings of the US Federal Reserve and the Bank of Japan later this week.

By the close, the All Ordinaries Index tumbled by 109 points to close at 5,283 while the ASX 200 dropped 2.1 per cent to finish on 5,203.



UPDATE: Munro Island fire brought under control

Premium Content UPDATE: Munro Island fire brought under control

The fire is currently one of five fires burning in the Clarence Valley

PETS OF THE WEEK: Furry friends ready for a new home

Premium Content PETS OF THE WEEK: Furry friends ready for a new home

Take a look at this handful of adorable pets that are up for adoption and waiting...

Spikes used in pursuit to stop man disqualified until 2052

Premium Content Spikes used in pursuit to stop man disqualified until 2052

A Coffs Harbour man will face court for an alleged police pursuit