The S&P/ASX200 index was down to a five-week low at lunch on the biggest day of earnings season. -AAP Image
The local share market has fallen for a fourth consecutive day, suffering its worst losses of the current streak on the biggest day of earnings season.
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The benchmark S&P/ASX200 on Thursday finished down 96.4 points, or 1.14 per cent, to a five-week low of 8,322.8, while the broader All Ordinaries fell 97.4 points, or 1.12 per cent, to 8,601.7.
A number of the more than 40 companies reporting earnings on Thursday suffered heavy losses after their financial statements disappointed the market.
The Australian dollar was buying 63.63 US cents, from 63.69 US cents at 5pm AEDT on Wednesday.
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