Australian share market declined for third straight session on Thursday, 02 June 2016, weighed by selloff in property trusts, bank & financial, metal & mining, consumer goods, and IT stocks. At close of trade, the benchmark S&P/ASX 200 index declined 44.30 points, or 0.83%, to 5278.90, its lowest close since 4 May 2016. The broader All Ordinaries sank 41 points, or 0.76%, to 5354.20. Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 542 to 454 and 296 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 4.85% to 18.209.
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