The Australian share market extended losing streak for fourth straight day on Thursday, 04 June 2015, as appetite for risk assets undermined after flat retail sales in April and a disappointing blow-out in trade figures for the same period. All ASX sectoral indices dived into sea of red, with heavyweights of bullion, utilities, realty, materials, energy, industrials and financials issues being top losers. The benchmark S&P/ASX 200 Index and the broader All Ordinaries Index both dropped by 1.4% to 5504.30 and 5511.30, respectively. Market turnover was relatively healthy, with 1.41 billion shares changing hands worth of A$3.44 billion.
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