PERTH: The Australian share market has closed one per cent lower, suffering substantial losses after four straight sessions of gains.
At the close on Monday, the benchmark S&P/ASX200 index was 56.6 points, or 1.08 per cent, lower at 5,207, while the broader All Ordinaries index was down 52.6 points, or 1.0 per cent, at 5,222.1.
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On the ASX 24, the September share price index futures contract was 59 points lower at 5,178, with 36,282 contracts traded.
