Aust stocks close weaker

Strong Australian dollar weighs on exporters, dragging local market lower.

The Australian sharemarket narrowed early losses but still closed half a per cent weaker today as a stronger Australian dollar weighed on exporters.

At the 4.15pm (AEDT) official market close, the benchmark S&P/ASX200 index lost 26.7 points, or 0.5%, to 5,350.1, while the broader All Ordinaries index shed 27.5 points, or 0.51%, to 5,359.7.

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