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AAP
AAP
Business
Adrian Black

Shares resume slide as rate-sensitive stocks tumble

Macquarie Australia United States Kyle Rodda
The S&P/ASX200 has given up almost three per cent in two weeks and is at a six-week low. (Bianca De Marchi/AAP PHOTOS)

Australia's share market has notched its lowest weekly close since in more than three months, with interest rate-sensitive stocks under pressure from an increasingly grim rates outlook.

The S&P/ASX200 fell 58.6 points on Friday, down 0.66 per cent, to 8,769.7, as the broader All Ordinaries lost 66.9 points, or 0.74 per cent, to 9,031.7.

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