Australia S&P/ASX200 falls 0.4%

Australian equity market finished lower for third straight session on Wednesday, 06 December 2017, as risk sentiments dampened on tracking weak lead from Wall Street overnight, and as data showing the economy expanded at the 0.6% in the third-quarter, narrowly missing market expectations. Most of ASX sectors were weak, with the materials and energy sectors being notable losers on weak base metal prices. The S&P/ASX 200 index dropped 0.4%, or 26.12 points to 5945.70. Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 746 to 476 and 337 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 4.23% to 12.612.

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