Aust stocks fall at noon

Local market falls after wider than forecast trade deficit, Qantas drops sharply.

The Australian stock market has fallen at noon after Wall Street continued its run of losses as the Australian Bureau of Statistics reported a wider than expected trade deficit and Qantas shares plunged.

At 1205 AEDT, the benchmark S&P/ASX200 index was 0.47% lower at 5,249.1 points, while the broader All Ordinaries index lost 0.43% to 5,245.1 points.

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