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Financials continue to slide : Aus shares close 29 points lower

30 May 2018 – Australian shares closed lower today – 29 per cent lower. That’s the market’s lowest close since April 30. Rio (ASX:RIO) is continuing its slide from yesterday, BHP (ASX:BHP) also continues to fall. Utilities performed the best within the sectors. Financials continued to shed following the selloff of the US banks. Back home, REA Group (ASX:REA) has ACCC approval for planned acquisition of Hometrack.

Source: Finance News Network

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