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Australia stocks fall for second straight day

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Capital Market
The Australian share market closed down for second straight session on Friday, 20 February 2015, ended down after evaporating early gains on Thursday, 19 February 2015, as lower commodity prices and weaker than expected corporate earnings continued to hurt risk sentiments. Uncertainty in the euro zone continued over the debt negotiations with Greece, also adding to investor caution. The S&P/ASX200 closed 22.70 points, or 0.38%, lower at 5881.50, while the All Ordinaries de-grew 24.20 points, or 0.41%, to 5845.60. Market turnover was relatively light, with 1.58 billion shares changing hands worth of A$4.39 billion.

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First Published: Feb 20 2015 | 12:20 PM IST

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