GDP disappointment spurs local fall: Afternoon market insights

September 5, 2012

The Australian sharemarket fell today after ABS figures showed GDP missed expectations for the June quarter.

At 2.20pm, the ASX200 lost 0.71% to 4272.8, while the broader All Ordinaries index gave up 0.78% to 4291.8.

The Australian dollar fell again today, buying $US102155.

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