Moody market settles on narrow fall: Afternoon market insights

The Australian sharemarket experienced a volatile day, rising and falling before nearing the close almost level with Friday’s closing prices.

The ASX200 is fractionally lower – 0.07% down to 4483.4 – while the broader All Ordinaries index gave up 0.12% to 4504.8.

The Australian dollar weakened at noon, buying $1.02155.