Erasing yesterday’s gains on iron price falls: Aus shares close 0.4% lower

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20 Mar 2018 - Market Wrap: Australian share market finished lower, wiping out yesterday’s gains. Property prices cool in December quarter with Sydney slowing the most. Downer EDI (ASX:DOW) lost a legal claim against engineering contracting company, John Holland. Kathmandu (ASX:KMD) saw its net profit after tax, earnings and sales lift in the first half of 2018 year ending 31 January 2018 and it snaps up Oboz Footwear for $60 million. Plus news on Freedom Foods (ASX:FNP), Helloworld Travel (ASX:HLO), QBE Insurance (ASX:QBE), New Energy Solar (ASX:NEW), WorleyParsons (ASX:WOR). Click video for report.

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