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AAP

Business

Derek Rose

RARE PHOTOS: Australian shares dip as banks slip while miners gain | Vintage Vibes

ANZ was the only one of the major banks to avoid losses during trading on the ASX. (Joel Carrett/AAP PHOTOS)

The Australian share market has recovered from morning losses to finish flat as a rotation out of banking stocks and into iron ore giants continues.

The benchmark S&P/ASX200 index on Thursday finished down 1.9 points, or 0.02 per cent, to 8,595.8, while the broader All Ordinaries gained 4.9 points or 0.06 per cent, to 8,833.6.

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