Closing Bell 28th August: Woolworths rallies paying special dividend. XJO steady after CPI comes in higher than expected
The Australian sharemarket declined on Wednesday afternoon, dragged lower by a sell-off in commodity stocks amidst a busy day of corporate results. The S&P/ASX 200 Index fell 29.6 points, or 0.4%, to 8044.4 by mid afternoon, with energy, materials, and communication services sectors weighing on the market.