Australia market drops to two-month low

Australian share market finished lower on Friday, 13 June 2014, extending falling streak for third day in row, dragged down on tracking weak finish of Wall Street overnight and fall in the iron ore price, and growing fears that violent political unrest in Iraq will draw the United States and its allies including Australia into another Gulf war. The benchmark S&P/ASX200 and the broader All Ordinaries each declined by 0.45% to 5405.10 and 5483.70, respectively.

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