Aust stocks open lower

The Australian stock market has opened sharply lower following hefty falls on international markets after US Federal Reserve chairman Ben Bernanke said the central bank may start winding back its stimulus measure before the end of the year.

The Australian stock market has opened sharply lower following hefty falls on international markets after US Federal Reserve chairman Ben Bernanke said the central bank may start winding back its stimulus measure before the end of the year.

The S&P/ASX 200 Index has dropped by 1.42% to 4,690.60 points at 1020 AEST and the All Ordinaries Index has shed 1.43% to 4,676.20 points.

Together with yesterday's falls the market is now trading at its lowest point since January this year.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles