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Shares fall against expectations: Afternoon market insights

The Australian sharemarket traded lower today, despite uniformly positive overseas leads. At 2.20pm, the ASX200 gave up 0.20% to 4361.3, while the broader All Ordinaries index gave up 0.12% to 4388.7. The Australian dollar weakened today, buying $US1.04455.
Myriam Robin
Myriam Robin

The Australian sharemarket traded lower today, despite uniformly positive overseas leads.

At 2.20pm, the ASX200 gave up 0.20% to 4361.3, while the broader All Ordinaries index gave up 0.12% to 4388.7.

The Australian dollar weakened today, buying $US1.04455.