The local market notched its second losing day in a row and worst performance since June 30. -AAP Image
The local share market has suffered its worst loss in seven weeks as traders suddenly turn skittish ahead of a major conference of central bankers from around the world.
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The benchmark S&P/ASX200 index finished Tuesday on the lows of the day, down 85.1 points, or 1.21 per cent, to a nearly three-week low of 6961.8. The All Ordinaries closed down 88 points, or 1.21 per cent, to 7199.2.
It was the market's second losing day in a row and worst performance since June 30.
The Australian dollar meanwhile was buying 68.60 US cents, from 68.84 US cents at Friday's close.
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