Aust stocks close lower

Local market slips after data showing a lift in demand for home loans.

The Australian stock market closed lower today after official data showed demand for home loans increased slightly more than expected.

At the 1615 AEDT official market close, the benchmark S&P/ASX200 index fell 0.38% to 5,292.1 points, while the broader All Ordinaries index lost 0.37% at 5,296.8 points.

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