The Australian share market closed marginally down after erasing early gains on Monday, 26 October 2015, as investors opted for a risk-off mode ahead of a big week for central bank meetings and bank profit results. Total 6 out of 10 ASX sectors declined, with telecommunication issue leading decliners, followed by industrial, utilities, energy, and consumer staple issues. The benchmark S&P/ASX 200 index declined 3.60 points, or 0.07%, to 5348 points, while the broader All Ordinaries index sank 1.80 points, or 0.03%, to 5386.30 points.
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