The ASX has fallen in early trade, with gold miners and oil companies being the only exceptions amid a generally bleak opening.
The benchmark S&P/ASX200 index was down 56.2 points, or 0.83 per cent, to 6,677.3 points at 1015 AEDT on Monday, with the broader All Ordinaries down 53.9 points, or 0.79 per cent, to 6,801.3 points.
Tech stocks were the worst hit after a 1.44 per cent drop, while industrials also suffered notably with a 1.23 per cent loss.
The gold miners and oil companies bucked the trend with small gains.
The Australian share market had been tipped for a weak opening after the US air strike on an Iranian military commander increased tensions, and poor US manufacturing sector data results.
The Australian dollar is buying 69.37 US cents, from 69.63 US cents on Friday.
AAP
Be the first to comment