The Australian share market has edged lower as traders digested weaker-than-expected domestic retail trade figures showing consumers continue to be cautious with their spending. Â
The benchmark S&P/ASX200 index on Tuesday finished down 21.6 points, or 0.28 per cent, to 7,766.7, while the broader All Ordinaries dropped 23.7 points, or 0.29 per cent, to 8,034.9.
Earlier, the Australian Bureau of Statistics reported that retail turnover rose just 0.1 per cent in April compared with 0.3 per cent that economists had predicted.
The Australian dollar was buying 66.63 US cents, from 66.34 US cents at Monday's ASX close.