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AAP
AAP
Business
Adrian Black

Australian shares slump as miners tumble, Maas crumbles

MaaS United States Australia Asia Europe
Much of the Australian market is a sea of red as many stock prices retreat after recent gains. (Dan Himbrechts/AAP PHOTOS)

Australia's share market is on the back foot after Wall Street's record-breaking rally ran out of steam, with miners weighing heavily on the leading indices.

The S&P/ASX200 index fell 44.3 points by midday on Thursday to be down 0.51 per cent to 8683.4, as the broader All Ordinaries lost 47.9 points, or 0.54 per cent, to 8846.7.

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