Australian stocks follow global falls: Afternoon Market Insights
The Australian sharemarket traded into the red today, after all major global bourses posted losses. At 2pm, the ASX200 shed 0.28% to 4373.1, while the broader All Ordinaries index lost 0.30% to 4395.8. The Australian dollar traded lower then higher, finishing not far off yesterday’s price. It’s buying $US1.04365.