Australia market loses ground

The Australian share market ended softer for second consecutive session after fluctuating between gains and losses on Tuesday, 27 October 2015, amid caution ahead of three central bank meetings plus a number of important economic data. Shares of energy and material sectors were top losers in the ASX, while healthcare, consumer staple and consumer discretionary issues being major gainers. The benchmark S&P/ASX 200 index declined 1.80 points, or 0.03%, to 5346.20 points, while the broader All Ordinaries index sank 1.70 points, or 0.03%, to 5384.60 points.

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