Aust stocks open lower

Local market loses 0.5% in early trade following soft Wall Street leads.

The Australian sharemarket opened half a per cent lower after falls on Wall Street as Eastern Europe tensions escalate with Russian troops seizing Ukrainian ships and military installations in Crimea.

At the 10.15am (AEDT) official market open, the benchmark S&P/ASX200 index fell 27.2 points, or 0.51%, to 5,319.7, while the broader All Ordinaries Index lost 26.8 points, or 0.5%, to 5335.3 points.


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