Aust stocks close weaker

Local market slips as consumer sentiment stays low, investors worry over global growth.

The Australian sharemarket continued to retreat today as consumer sentiment holds at low levels and investors fear that global growth may be lower than originally thought.

At the 4.15pm (AEST) official market close, the benchmark S&P/ASX200 index lost 15.7 points, or 0.29%, to 5,454 points, while the broader All Ordinaries index gave up 16 points, or 0.29%, to 5,432.5 points.

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