Australia market snaps seven session winning run

Australian share market closed lower for the first time in eight consecutive sessions on Monday, 25 August 2014, after hitting its latest six-year high early today. Most of the ASX sectors declined with shares of materials, financials, and property trusts being major losers, while shares of energy, technology, healthcare and utilities companies ended higher. The benchmark S&P/ASX 200 Index closed 10.70 points down at 5634.90 and the broader All Ordinaries Index dropped 7.70 points to 5632.80.

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