The Australian share market has closed lower, with the materials and energy sectors again reeling from commodity price falls.

At the close on Wednesday, the benchmark S&P/ASX200 index was 30.7 points, or 0.52 per cent, lower at 5,860.8, while the broader All Ordinaries index was down 29.0 points, or 0.49 per cent, at 5,832.9, according to preliminary figures.

On the ASX 24, the June share price index futures contract was 32 points lower at 5,854, with 25,747 contracts traded.