Australia market snaps seven days rally

Australian stock market finished lower for the first time in eight consecutive sessions on Friday, 25 July 2014, as investors withdrew some profit off the table after headline indices surged to highest level since June 2008 on Thursday. The benchmark S&P/ASX 200 Index declined 4.30 points, or 0.08% to 5583.50, while the broader All Ordinaries Index shed 2.60 points, or 0.05%, to 5574.20. The S&P/ASX 200 Index added 0.9 per cent over the week.

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