Aust stocks open weaker

Local market edges lower in early trade as global bourses digest EU growth downgrade.

The Australian stock market opened lower after international markets retreated after downward revisions of eurozone growth and unemployment.

At the 1015 AEDT official market open, the benchmark S&P/ASX200 index fell 0.77% to 5,409.5 points, while the broader All Ordinaries index decreased 0.39% to 5,404.8 points.

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