Australia market logs second straight session of losses

The Australian share market declined for second straight day on Tuesday, 13 October 2015, amid deepening concerns about slowdown in the world's second-largest economy after China's trade data showed a larger-than-expected slide in imports. Most of the ASX industry blue-chip stocks slid, with material and energy producers being major losers. The benchmark S&P/ASX 200 index declined 30 points, or 0.57%, to 5202.90 points, while the broader All Ordinaries index sank 32.80 points, or 62%, to 5234.60 points.

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