Australian share market ended down on Wednesday, 04 May 2016, giving back most of yesterday's gains on tracking steep losses on the Wall Street overnight and unexpectedly low Australian inflation data. Selloff pressure intensified on doubt over growth sustainability in the world second largest economy after moderation in China's manufacturing activities. Most of ASX industry group advanced with shares in the metal & mining, energy, and consumer goods being major losers. At close of trade, the benchmark S&P/ASX 200 declined 82.70 points, or 1.54%, to 5271.10. The broader All Ordinaries sank 79.40 points, or 1.47%, to 5335.60.
Powered by Capital Market - Live News
