Australian share market closed down on Thursday, 04 September 2014, as investors booked profits amid caution about a Ukraine-Russia cease-fire plan and caution ahead of key European Central Bank meeting Thursday. Almost all sectors ended in red, with shares of technology, bullion, realty, financial and mining companies being major losers. The benchmark S&P/ASX 200 Index and the broader All Ordinaries Index each declined by 0.4% to 5631.30 points and 5632.10 points, respectively.
The European Central Bank (ECB) meets on Thursday and US employment data will be released on Friday. Some investors believe the ECB meeting could result in new stimulus measures for the eurozone economy.
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