Australia stocks fall for second day

Australian share market declined for second day in row in quiet trade on Tuesday, 08 July 2014, as profit booking triggered on tracking overnight losses for stocks in Europe and the US and the weaker commodity prices. The ASX sectors closed mostly down, with shares in materials, energy, financial and technology sectors being the biggest drags. The benchmark S&P/ASX200 and the broader All Ordinaries each de-grew 0.14% to 5510.90 and 5498.50, respectively.

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