Aust stocks open weaker

Local market dips slightly in early trade as Fed taper drives Wall Street lower.

The Australian sharemarket opened modestly lower following falls on Wall Street after the Federal Reserve announced it would cut back further on its economic stimulus.

At the 10.15am (AEDT) official market open, the benchmark S&P/ASX200 index fell 14.4 points, or 0.27%, to 5,341.2 points, while the broader All Ordinaries index shed 14.7 points, or 0.27%, at 5,358.3 points.

{{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

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles