Stocks fall slightly after widening of trade deficit: Afternoon market insights

The Australian sharemarket fell slightly lower today after the release of trade figures found Australia’s trade deficit to have widened in May. At 2.30pm, the ASX200 gave up 0.16% to 4165.4, while the broader All Ordinaries fell 0.16% to 4206.9. The Australian currency fell slightly this afternoon, buying $US1.02585.