Australia Market ends lower

Australian share market ended steep lower on Friday, 01 April 2016, as bank shares face renewed heavy selling on concerns over the lenders' exposure to bad debts. The markets participants also quietened down ahead of the release of a stack of US economic data on Friday. At close of trade, the benchmark S&P/ASX 200 dropped 83.40 points, or 1.64%, to 4999.40. The broader All Ordinaries lost 78 points, or 1.51%, to 5073.80.

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