SYDNEY, Feb. 17 (Xinhua) -- The Australian share market closed softer on Tuesday following weakness in the financial sector and flat company results saw investors back off from stocks.
At the official Tuesday market close, the benchmark S&P/ASX200 index dropped 30.5 points or 0.52 percent to 5,858.2, while the broader All Ordinaries index lost 27.2 points or 0.46 percent to 5, 822.3.
Global giant Coca-Cola Amatil's Australian arm led the bad news, posting a 25.3 percent dive in full-year earnings.
In the worst profit result for eight years, sales fell 1.9 percent. Earnings before interest and tax was down 21.8 percent.
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