Aussie market falls to a fresh four-week low

Australian share market finished lower on Friday, 12 September 2014, as drop in personal finance commitments data and commodity prices dragged on the financials, property trusts, and energy sector. Mining stocks managed to advance despite further weakness in iron-ore prices. The benchmark S&P/ASX 200 Index and the broader All Ordinaries Index each declined by 0.3% to 5531.10 points and 5532.30 points, respectively. Turnover was relatively healthy with 1.99 billion shares worth of A$3.99 billion traded today. The S&P/ASX 200 Index lost 1.2% over the week. The benchmark index posted its third consecutive weekly loss.

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