The Australian share market has closed sharply lower after its biggest one-day fall since July 23. Investors fretted over the ongoing bailout of Greece and negotiations in the US to avoid the so-called ‘‘fiscal cliff’’ that threatens to derail the wider world economy. The benchmark S&P/ASX200 index was down 68.2 points, or 1.53 per cent, at 4,379.8 points, while the broader All Ordinaries index had fallen 65.7 points, or 1.47 per cent, to 4,404.2 points. On the ASX 24, the December share price index futures contract was 62 points lower at 4,395...
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