Aust stocks close lower

Local market follows weaker Wall Street leads and falling metal prices.

The local market followed poor performances on Wall Street overnight to close lower today as the Reserve Bank left the door open to further rate cuts.

At 1615 AEST official market close, the benchmark S&P/ASX200 index fell 0.67% to 5,078.2 points, while the broader All Ordinaries index lost 0.66% to 5,068.8 points.


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