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Market followed expectations lower: Afternoon market insights

As tipped by analysts, the Australian sharemarket traded lower today, despite positive overseas leads. At 2pm, the ASX200 gave up 0.45% to 4398.6, while the broader All Ordinaries shed 0.44% to 4420.9. The Australian dollar held almost steady, buying $SU1.04170.
Myriam Robin
Myriam Robin

As tipped by analysts, the Australian sharemarket traded lower today, despite positive overseas leads.

At 2pm, the ASX200 gave up 0.45% to 4398.6, while the broader All Ordinaries shed 0.44% to 4420.9.

The Australian dollar held almost steady, buying $SU1.04170.