SYDNEY, AAP – Investors have eased the Australian share market from record levels as shares in most categories fell.
The big miners and banks were all lower after Wall Street closed mostly down overnight.
Afterpay gained 11.37 per cent to $127.85 after news the previous day of US payments provider Square’s $39 billion takeover bid.
The benchmark S&P/ASX200 index on Tuesday closed lower by 16.9 points, or 0.23 per cent, to 7474.5.
The fall follows a record high for the index on Monday.
The All Ordinaries closed down 10 points, or 0.13 per cent, to 7750.5.
The Australian dollar was buying 73.92 US cents at 1626 AEST, higher from 73.48 US cents at Monday’s close.