Australia Market falls on profit taking

The Australian share market declined on Thursday, 03 December 2015, with materials and energy stocks leading losses after 5% drop in crude oil prices and plunge in iron ore to a new 10-year trough of $40.60 a tonne. At the close, the benchmark S&P/ASX 200 index ended 30.60 points, or 0.58%, down at 5227.70 points, while the broader All Ordinaries index de-grew 28 points, or 0.53%, to 5276.70 points.

Powered by Capital Market - Live News