The local share market has sold off in its first day of losses in the past six sessions, with retailers taking it on the chin following a number of poorly received trading updates.
The benchmark S&P/ASX200 index onThursday dropped 82.9 points, or 1.06 per cent, to 7,721.6, while the broader All Ordinaries fell 82.5 points, or 1.02 per cent, to 7,994.2.
The consumer discretionary sector fell 2.6, its biggest loss since a 3.5 per cent drop on December 20, 2022.
The Australian dollar was buying 65.72 US cents, from 65.78 US cents at Wednesday's ASX close.