Aust stocks close lower

Selling gathers momentum as nervous investors eye next week's federal budget.

The Australian sharemarket closed some 0.8% lower today, with selling gathering momentum as nervous investors take some money off the table ahead of next week's federal budget. 

At the 4.15pm (AEST) official market close, the benchmark S&P/ASX200 index shed 45.6 points, or 0.83%, to 5,435.8, while the broader All Ordinaries index gave up 43.6 points, or 0.8%, to 5,419.1.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles