Aust stocks open lower

Market retreats from yesterday's 5-year high, begins almost 0.5% weaker.

The Australian stock market pulled back from the previous session's five-year high high, to open almost 0.5% weaker, following weak leads from global bourses.

At the 1015 AEST official market open, the benchmark S&P/ASX200 index fell 0.44% to 5,219.6 points, while the broader All Ordinaries index slipped 0.41% to 5,216.5 points.

In news on Friday, ANZ makes its monthly interest rate decision.

The market on Thursday hit another new five-year high, with the benchmark S&P/ASX200 index adding 8.1 points to 5,242.5 points and the broader All Ordinaries index gained 7.6 points to 5,238.2 points.

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