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Australia stocks fall to one-month low

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Capital Market
The Australian share market ended the session at one-month low lower on Friday, 07 August 2015, as risk aversion selloff triggered across the board, after the RBA's quarterly Statement on Monetary Policy (SoMP) reinforced the central bank's neutral bias. All ASX sectors remained moored in the red, with Financials stocks leading declined on expectations that big banks will announce further capital rising. The benchmark S&P/ASX 200 Index tumbled 135.30 points, or 2.41%, to 5474.80 points, a lowest level since 13th July 2015, while the broader All Ordinaries Index declined by 127.80 points, or 2.28%, to 5472.30 points. There were 1.69 million transactions today valued at $6.2 billion. 295 shares ended higher, 651 closed lower an 346 were unchanged. For the week, the benchmark index declined 3.9%.

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First Published: Aug 07 2015 | 2:53 PM IST

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