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ASX says markets will not re-open for trading on Monday

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[SYDNEY] Australia's stock exchange ASX said trading will not resume on Monday due to a technical problem that brought afternoon trading to a halt.

The ASX will not conduct a closing price auction, either, it added.

Afternoon trading was halted on the ASX on Monday after a delayed opening of the bourse "due to an issue with a component that allows ASX to manage individual stocks," an ASX spokesman said.