The Australian share market has closed on flat, despite strong overseas leads, as traders ponder the impact of a sharp rise in new coronavirus cases in the country’s second-most populous state.

The S&P/ASX200 benchmark index finished Tuesday down by 1.7 points, or 0.03 per cent, at 6,012.9 points, while the All Ordinaries index gained 0.8 points, or 0.01 per cent higher, at 6,126.7.

The Australian dollar was buying 69.52 US cents, down from 69.72 US cents at the close of trade on Monday.