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Australia market slips further on ECB Stimulus Disappointment

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Capital Market
The Australian share market slipped further ground on Friday, 04 December 2015, following selloff in the global markets overnight, after the European Central Bank's stimulus package fell well short of markets' high expectations. Every industry category on the ASX declined, except gold issue, with financial, telecom, industrial, and material issues being major losers. At the close, the benchmark S&P/ASX 200 index ended 76.10 points, or 1.46%, down at 5151.60 points, while the broader All Ordinaries index de-grew 75.20 points, or 1.43%, to 5201.50 points.

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First Published: Dec 04 2015 | 12:07 PM IST

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