Aust stocks set to open lower

Market set to begin week softer following falls on Wall Street on profit-taking.

The Australian sharemarket looks set to open lower following Wall Street's fall on profit taking and caution over the Ukraine crisis.

At 6.45am (AEDT), the June share price index futures contract was down 21 points at 5,307.

Locally, no major economic or equities news equities news is expected on Monday.

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