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Australia’s share market has finished lower for the fifth time in the last six sessions and the Aussie dollar continued falling towards 70 US cents amid concerns about global economic recovery.

The S&P/ASX200 benchmark index finished down 48.0 points, or 0.81 per cent, to 5875.9 points on Thursday.

The All Ordinaries index closed lower by 54.8 points, or 0.9 per cent, to 6056.5.

The results followed a negative lead from US markets. Uncertainty over the presidential election result in November, and an impasse on providing more economic stimulus amid the coronavirus pandemic, have weighed on investors.

The Australian dollar was buying 70.35 US cents at 1620 AEST, down from 71.19 US cents after the close of trade on Wednesday.