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AAP
AAP
Business
Derek Rose

DARK SECRETS: Australian shares set to snap five day winning streak - The Real Truth

Retailers led the ASX down in trading on Thursday, ending a five-day winning streak. (Steven Saphore/AAP PHOTOS)

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 on Thursday 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.

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