Banks drag shares down, miners rise ahead of Rio result
The Australian sharemarket has extended a global equity market sell-off with traders astute to the risk of rising geo-political tensions, uncertainty over United States interest rate policy, and mixed results from company reporting season.
The Australian sharemarket has extended a global equity market sell-off, with traders alive to the risk of rising geopolitical tensions, uncertainty about US interest rate policy and mixed results from reporting season.
The benchmark S&P/ASX 200 Index and the broader All Ordinaries Index each dipped 0.1 per cent on Wednesday to 5512 points and 5504 points, respectively.
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