Australia stocks fall to 7-month low

The Australian share market ended at seven-month low in volatile trade on Friday, 14 August 2015, as investors opted for caution ahead of the weekend. Most of sectors were lower, with energy, materials, and retailers stocks being major losers. The benchmark S&P/ASX 200 Index declined 31.40 points, or 0.58%, to 5356.50 points, while the broader All Ordinaries Index fell 29 points, or 0.54%, to 5360 points. Total of 2.3 billion shares traded today worth A$4.8 billion. 448 stocks rose, 491 fell and 326 finished unchanged. For the week, the benchmark S&P/ASX200 lost 2.2%.

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