Australia market extends losses on third day

The Australian shares declined for third straight session on Wednesday, 03 June 2015, as risk aversion selloff dominated the overall market. Barring miners, all sectoral indices dived into sea of red, with shares of healthcare, retailers, energy, financial, and realty companies being top losers. The benchmark S&P/ASX 200 Index dropped 52.40 points, or 0.93%, to 5583.60, while the broader All Ordinaries Index declined 51.60 points, or 0.91%, to 5588.30. Market turnover was relatively strong, with 2.1 billion shares changing hands worth of A$5.49 billion.

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