The Australian sharemarket traded into the red today, despite small increases on global sharemarkets overnight.
At 2.10pm, the ASX200 dropped 0.38% to 4493.4, while the broader All Ordinaries index lost 0.37% to 4516.8.
The Australian dollar neared $US1.04 earlier today, but traded down to $US1.03515 at 2pm.
Get daily business news.
The latest stories, funding information, and expert advice. Free to sign up.