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AAP
AAP
Business
Adrian Black

Australian shares continue to pull back as banks weigh

United States Health Care Australia Orica Santos
Six of 11 sectors traded higher on the ASX, but losses in key stocks has the market lower. (Dean Lewins/AAP PHOTOS)

Banks, health care and discretionary spending stocks have led Australia's share market lower, as continues to retreat from its record peak.

The S&P/ASX fell 25.4 points, or 0.29 per cent, to 8,805 on Thursday, as the broader All Ordinaries sank 23.8 points, or 0.26 per cent, to 9,107.4.

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