Weak global cues dents Aussie shares

Australian share market declined on Monday, 15 September 2014, as risk aversion selloff continued after disappointed China's industrial production figures and on caution ahead of the highly anticipated meeting of the United States Federal Reserve Open Market Committee later in the week. All 10 ASX sectors declined with shares of realty, financial, material, energy, and industrial companies being major losers. The benchmark S&P/ASX 200 Index and the broader All Ordinaries Index each declined by 1% to 5473.50 points and 5475.40 points, respectively. Turnover was relatively healthy with 2.17 billion shares worth of A$4.02 billion traded today.

Powered by Capital Market - Live News