Australia market falls to fresh 7-months low

The Australian share market ended steep lower after erasing early gains on Tuesday, 18 August 2015. Almost all sectors ended in the red, with financial, energy and material sectors leading losses. The benchmark S&P/ASX 200 Index declined 64.60 points, or 1.2%, to 5303.10 points, while the broader All Ordinaries Index de-grew 59.20 points, or 1.1%, to 5309.40 points. Volume was slightly above average with 2.1 million transactions valued at A$7.1 billion. 396 companies ended the day higher while 570 closed lower and 346 were unchanged.

Powered by Capital Market - Live News