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AAP
AAP
Business
Derek Rose

Aust shares fall at start of big week for central banks

United States Bank of England BHP Reserve Bank
Every sector closed lower on Monday, with technology dropping the most. (Steven Saphore/AAP PHOTOS)

The local share market has closed lower as traders took profits from Friday's rally ahead of a big week of central bank meetings.

The benchmark S&P ASX200 index on Monday finished down 48.6 points, or 0.67 per cent, to 7,230.4, while broader All Ordinaries dropped 54.5 points, or 0.73 per cent, to 7,428.1.

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