Aust stocks close lower

Local market falls below 5,300 in subdued session, gold miners under pressure.

The Australian stock market has closed slightly lower in a subdued session that saw falls across the major sectors, with gold miners particularly under pressure.

At the 1615 AEDT official market close, the benchmark S&P/ASX200 index fell 0.37% to 5,288.3 points, while the broader All Ordinaries index dropped 0.38% to 5,284.3.

IG analyst Stan Shamu said the local market had a subdued session today, struggling to reclaim the 5,300 handle.

"The major sectors are weaker, with gold miners under significant pressure on the back of the gold price slide," Mr Shamu said.

"Healthcare names have bucked the trend."

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