Australia stocks fall on profit taking

The Australian share market closed lower in thin trade on Tuesday, 17 February 2015, due to profit booking after minutes from the Reserve Bank's monthly meeting cooled speculation of a March rate cut. The S&P/ASX200 closed 30.50 points, or 0.52%, lower at 5858.20, while the All Ordinaries de-grew 27.20 points, or 0.46%, to 5822.30.
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First Published: Feb 17 2015 | 1:56 PM IST
