Quantcast
Monday , August 21 2017
Breaking News
Home / International Markets / Australian stocks start 0.5% weaker, S&P sheds 28pts, All Ordinaries drops 27 pts
Australian stocks start 0.5% weaker, S&P sheds 28pts, All Ordinaries drops 27 pts

Australian stocks start 0.5% weaker, S&P sheds 28pts, All Ordinaries drops 27 pts

SYDNEY: The Australian stocks started 0. 5 percent lower on Wednesday with main bank stocks dragged the market downward. The benchmark S&P/ASX200 index was 28 points, or 0.5 percent, lower at 5254.6, while the All Ordinaries tumbled 27 points to 5231.2.
The financial sector was down with Westpac falling 1.3 percent, the National Australia Bank down 1.2 percent, the ANZ dropping 0.9 percent and the Commonwealth Bank shedding 0.2 percent.
CSL was down 1.5 percent, while retailer Woolworths continued its downward trend falling 1.4 percent