AUSTRALIAN STOCK MARKET CLOSED LOWER ON TUESDAY

Highlights:

• The stock market of Australia has been closed lower on Tuesday
• The S&P/ASX index has been closed 0.1 percent lower after gaining around 0.5 percent in the early trading

The stock market of Australia has surrendered the early gains for closing slightly lower on Tuesday as the western sanctions, that has been made against China, has been dampening the risk appetite, ....