Down she goes: another session right on trend

The sharemarket fell again yesterday, unnerved by the possibility of rising interest rates in the United States and a flattening of metal prices.
A dark day on the local market was expected after a big fall in the US indices overnight.
"A lot of the big falls recently have been caused by big pullbacks in some of the metal prices and they were off slightly and that didn't help," CMC Markets senior dealer Mr Foulsham said.
"There is a lot of uncertainty at the moment all round and people are really reactive."
The ASX200 fell 83.9 points or 1.6 per cent to 5036.1 points while the All Ordinaries pulled back by 77.6 to 5004.5.
At the end of day trading on the Sydney Futures Exchange the June share price contract was down 94 points to 5041 on a volume of 22,435 contracts.
New Zealand's NZX 50 index dropped 1.1 per cent to 3600.58 at the close in Wellington.
The US market had provided a weak lead after US Federal Reserve chairman Ben Bernanke signalled inflation had risen to unwelcome levels.
The major indices all closed weaker in the US with the Dow Jones dropping 199.15 points to 11,048.72, the S&P 500 retreating 22.93 to 1265.29 while the Nasdaq Composite Index dipped 49.79 points lower to 2169.62.
The softer metals prices pushed the big miners lower with BHP Billiton slipping 83c to $28.02 while Rio Tinto dropped $2.39 to $77.50.
Energy stocks were also depressed with Woodside shedding 93c to $44.32, Oil Search down 4c to $4.26 and Santos dipping 24c lower to $11.58.
The big banks moved into negative territory with the ANZ down 48c to $26.31, the Commonwealth 98c lower at $43.12, NAB down 65c at $34.85 and Westpac fell 16c to $22.29.
Other financial stocks were also hit, with Macquarie Bank losing $1.22 to $65.50 and St George Bank 45c to $29.53.
Investment firm Babcock & Brown moved 10c lower to $20.54 after launching a $175 million new issue for a new residential property fund.
Retail stocks were mixed with Harvey Norman up by 2c to $4.00, Coles Myer also up 2c at $11.65 while Woolworths fell by 20c to $18.70.
Telstra shares moved against the market trend, inching 2c higher to $3.82.
Media stocks were lower with Fairfax dropping 3c to $3.70, PBL 14c to $18.91, News Corp 28c to $26.96 and its non-voters 25c to $25.65.
The spot price of gold tumbled, to $US638.25 per fine ounce, down $US4.50 on Monday's local close.
The goldminers followed the price with Newcrest shrinking by 49c to $19.91, Newmont losing 16c to $7.07 and Lihir shedding 23c to $3.01. Bendigo fell 2c to $2.08 and Bolnisi was down 5c to $2.40
The most traded stock on market was base metal miner Zinifex, down 86c at $10.60 after more than 48.4 million shares were traded, collectively worth $520.3 million.
Market turnover was 1.1 billion shares, worth a total of $4.97 billion, with 305 stocks rising, 787 falling and 348 unchanged.