CAPITAL MARKETS

Materials up but market grim

A BETTER day for materials was not enough to drag the Australian stock market into positive ground as all other sectors closed in the red.

Jack McGinn

Following on from a big day of losses on Tuesday, the S&P/ASX 200 fell another 52.4 points or 0.9% to close at 5583.6 points. Materials was the only sector that did not make it two consecutive days...

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