Australian shares down slightly at midday

Every sector on the ASX except financials was lower after morning trade. (Bianca De Marchi/AAP PHOTOS)

The Australian share market has dipped slightly from the record levels of the previous day, with losses across every sector except financials.

The benchmark S&P/ASX200 index was down 15.7 points, or 0.19 per cent, to 8,302.7 at noon AEDT on Wednesday, while the broader All Ordinaries had dipped 21 points, or 0.24 per cent, to 8,577.7.