Aust stocks open weaker

Local market begins shortened trading week in the red as IT stocks weigh.

The Australian sharemarket opened weaker after the tech-rich Nasdaq Composite Index again led Wall Street sharply lower at the end of last week.

At the 10.15am (AEST) official market open, the benchmark S&P/ASX200 index lost 20.7 points, or 0.38%, to 5,407.9 points, while the broader All Ordinaries index was down 21.7 points, or 0.4%, at 5,401.8 points.

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