Australian sharemarket pulls back for a fourth straight day but miners big winners

The Australian sharemarket pulled back for a fourth straight day as energy stocks slumped and some bank stocks lost ground, but miners appreciated “conspicuously”.

The benchmark S&P/ASX200 index closed 0.57 per cent lower at 7381.9, while the All Ordinaries Index fell 0.47 per cent to 7701.2.

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