Aust stocks open lower

Local market falls slightly following yesterday's fresh five-year closing high.

The Australian stock market has opened slightly lower after closing at a fresh five-year high yesterday, despite international markets mostly gaining on news Larry Summers had withdrawn from the Federal Reserve chairmanship race and lessened fears over Syria.

At the 1015 AEST official market open,  the benchmark S&P/ASX200 index fell 0.24% to 5,235.6 points, while the broader All Ordinaries index slid 0.21% to 5,230.9 points.


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