Aust stocks lower at noon

The domestic retreated in morning trade although losses narrowed.

The Australian stock market has fallen at noon but narrowed morning losses after Wall Street gave up most of the gains made after the Federal Reserve decided not to taper its stimulus program.

At 1205 AEST, the benchmark S&P/ASX200 index fell 0.44 per cent to 5,253.5 points, while the broader All Ordinaries index slid 0.47 per cent to 5,246 points.

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