
The local share market has lost ground for a third consecutive day, with three of big four banks suffering particularly heavy losses after disappointing first-quarter earnings from NAB.
The benchmark S&P/ASX200 index on Wednesday finished 61.8 points lower at 8,419.2, a drop of 0.73 per cent, while the broader All Ordinaries fell 57.6 points, or 0.66 per cent, to 8,699.1.