The Australian share market closed slightly lower on the final day of the financial year, weighed by mining and gold stocks despite strong US overnight gains. Over the full year, local stocks underperformed US markets, with composition differences and AI sector exposure cited as key factors. Key upcoming catalysts include property data, major bank dividends, and US employment figures.

Steve Daghlian is a Market Analyst at CommSec. Each episode, he breaks down the day's market movements and explain what the numbers really mean.

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