Aussie market falls 0.98%

Australian share market closed down for fourth straight day on Thursday, 20 November 2014, hit by more weak economic signs from China and a fresh drop in iron ore prices. All sectoral indices dived into sea of red, with shares in bullion, material, consumer staples, realty and financial companies being major decliners. The benchmark S&P/ASX 200 Index declined by 52.60 points, or 0.98%, to 5316.20 and the broader All Ordinaries Index fell by 50 points, or 0.93%, to 5302.50.

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