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SYDNEY, Nov 13 AAP

November 13 2012, 4:19PM

The Australian share market has closed about 1.5 per cent lower, with losses across all sectors.

At the close on Tuesday, the benchmark S&P/ASX200 index was down 68.2 points, or 1.53 per cent, at 4,379.8, while the broader All Ordinaries index was down 65.7 points, or 1.47 per cent, at 4,404.2.

On the ASX 24, the December share price index futures contract was 63 points lower at 4,394, with 31,776 contracts traded.