Stocks slightly lower after negative overseas leads: Afternoon market insights

The Australian sharemarket lost some ground today as all major bourses apart from the FTSE posted losses.

At 2.00pm, the ASX200 gave up 0.24% to 4372.9, while the broader All Ordinaries index fell 0.26% to 4399.5.

The Australian dollar was largely level today, buying $1.04575.

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