Aust stocks set to open lower

The Australian stock market looks set to open lower following sharp falls on international markets amid concern over the emergence of a liquidity crisis in China and the withdrawal of US Federal Reserve stimulus.

The Australian stock market looks set to open lower following sharp falls on international markets amid concern over the emergence of a liquidity crisis in China and the withdrawal of US Federal Reserve stimulus.

At 0658 AEST, the September share price index futures contract was down 32 points at 4601 points.

No major economic or equities news is expected on Tuesday.

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