• SYDNEY, AAP – Australia’s share market has pulled back from near-record heights, after its biggest loss of the month.

    The benchmark S&P/ASX200 index closed down 47.8 points, or 0.68 per cent, to 7017.8.

    The index on Monday had its best close since February 2020, and is 144 points from its record close.

    The All Ordinaries on Tuesday closed lower by 45.9 points, or 0.63 per cent, to 7282.1 points.

    Most shares were down. Health and information technology fared worst, with losses of more than one per cent.

    The Australian dollar was buying 77.94 US cents at 1621 AEST, higher from 77.42 US cents at Monday’s close.