Resources weigh on Australia market

The Australian share market ended down on Monday, 30 November 2015, with materials and energy sectors led losses among ASX industry groups amid weak commodity prices. Economic data releases did little to alter the trend, with credit growth data from the Reserve Bank of Australia improving slightly in October, but slowing slightly from September's read. Meanwhile, the Australian Bureau of Statistics found company operating profits increased in the first quarter, but remained sluggish over the year. At the close, the benchmark S&P/ASX 200 index ended 36.10 points, or 0.69%, down at 5166.50 points, while the broader All Ordinaries index fell 33.20 points, or 0.63%, to 5218.20 points. Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 544 to 447 and 136 ended unchanged.

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