Why the Omicron variant will cause the share market to plunge - and where you should park your cash Australian share market set to fall on Monday morning over Omicron panic SPI futures pointing to the benchmark ASX200 opening 1.4 per cent weaker A third case of the Omicron variant has been detected in Sydney from traveller
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The Australian share market is set to fall on Monday as investors panic about the Omicron variant.
The Australian futures, also known as the SPI, is pointing to the ASX200 opening 1.4 per cent weaker when the Australian Securities Exchange opens at 10am.
Three cases of the potentially more contagious variant have been detected in Sydney from returned travellers.