Aust stocks close weaker

Local market falls as investors worry about Iraq conflict and fall in iron ore price.

The Australian sharemarket closed weaker today as investors worry about fresh falls in the iron ore price and growing conflict in Iraq.

At the 4.15pm (AEST) official market close, the benchmark S&P/ASX200 index dropped 23.7 points, or 0.44%, to 5,405.1 points, while the broader All Ordinaries index shed 24.2 points, or 0.45%, to 5,383.7 points.

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