ASX slips but still closes just under record high

The ASX share price board.
Woolworths, Coles and Wesfarmers all traded ex-dividend on Tuesday, creating a drag on the market. -AAP Image

The local share market has finished marginally lower, dragged by several major retailers trading ex-dividend. 

But it still finished just below its all-time record high set five weeks ago.

The benchmark S&P/ASX200 index on Tuesday dropped 6.7 points, or 0.08 per cent, to 8,103.2, while the broader All Ordinaries dropped 8.1 points, or 0.1 per cent, at 8,322.7.

The Australian dollar had dropped to an 11-day low against its US counterpart, buying 67.33 US cents, from 67.75 US cents at Monday's ASX close.