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Derek Rose

Aussie shares plunge to five-week low on weak earnings

NAB Westpac ANZ Fortescue IG BHP Rio Tinto

The S&P/ASX200 index was down to a five-week low on the biggest day of earnings season. (Steven Saphore/AAP PHOTOS)

The local share market has fallen for a fourth consecutive day, suffering its worst losses of the current streak on the biggest day of earnings season.

The benchmark S&P/ASX200 on Thursday finished down 96.4 points, or 1.14 per cent, to a five-week low of 8,322.8, while the broader All Ordinaries fell 97.4 points, or 1.12 per cent, to 8,601.7.

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