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Source: ABC News

ASX trading halted due to 'market data issues',
Nine shares fall after chief executive Hugh Marks resigns over relationship

Trading on the Australian share market has been out of the action for most of the day because of a technical glitch.

The local market got off to a strong start with all sectors higher led by real estate firms, miners, banks and oil stocks but the Australian Securities Exchange announced that trading had been paused shortly after opening because of "market data issues".

A message displayed on the ASX website said the market was paused while the exchange investigated the problem.
"ASX apologises for the disruption and is working to rectify the issue as soon as possible," it said.

At 11:58am AEDT, the ASX said it had identified the issue which caused the market outage.

But at 2:28pm AEDT, the market operator said it was still working to fix the issue, its ninth update of the day.

Some users were not happy, responding with sarcasm, with the market outage coming soon after the ASX revamped its website amid complaints about the new format and functionality.

Twitter user Mo wrote, "Just admit it. You've been hacked."

Another user helpfully suggested, "Turn it off & on again."

In early trade, the ASX 200 index rose 1.2 per cent or 79 points to 6,484, an eight-month high before trading was paused at 10:24am AEDT.