Australian equity market ended lower on Monday, 05 June 2017, snapping four sessions on winning streak, as investors opting to withdrew profit off the table before the Reserve Bank of Australia's monthly policy meeting, which is widely expected to see the benchmark cash rate held at a record low, and two days ahead of economic-growth figures for the first quarter of the year (Australian gross domestic product data due for release on Wednesday). At the close, the benchmark the S&P/ASX 200 ended 33.2 points, or 0.6%, lower at 5454.9. Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 596 to 497 and 340 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 4.83% to 12.093.
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