Australia market falls 0.14%

The Australian share market declined on Thursday, 29 May 2014, on tracking weak offshore cues and softer commodity prices, with shares in technology and materials & resources stocks led losses. The decline was, however, capped on the back of the better than expected 2nd estimate for 2014/ 15 capital spending plans. The benchmark S&P/ASX200 and the broader All Ordinaries each declined by 0.14% to 5519.50 and 5499.20, respectively.

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