Off the wire
• Australian migratory shorebird species face extinction: report  • False time change fools Australians  • Australian dollar steady  • O'Sullivan equals Hendry's record  • Roundup: Canadian stock market extends losses as copper hits 5-year low  • Roundup: Global economy continues fragile recovery despite divergent trends, World Bank says  • Palmeiras sign Brazil under-21 winger on loan  • Obama vows to cooperate with new Congress on concerned issues  • Australian researchers discover better ways to diagnose ovarian cancer  • Rate of medical research investment declines in U.S., increases globally: study  
You are here: 　 Home

Australian stocks open lower

Xinhua, January 14, 2015 Adjust font size:

The Australian share market opened lower on Wednesday with resources stocks weighing down the market.

At the official market open, the benchmark S&P/ASX200 index was down 18.1 points, or 0.33 percent, at 5386.6 points, while the broader All Ordinaries index lost 17.7 points, or 0.33 percent, to 5364.4 points.

Materials lost 1.37 percent as a sector. BHP Billiton retreated 1.32 percent, Rio Tinto lost 1.79 percent, Fortescue Metals fell 4. 31 percent and Newcrest gave up 2.55 percent.

Consumer staples shed 0.37 percent as a sector. Woolworths slipped 0.67 percent while Wesfarmers lost 0.16 percent.

Financial dropped 0.15 percent as a sector. ANZ lost 0.19 percent, the Commonwealth Bank fell 0.3 percent, National Australia Bank shed 0.21 percent while Westpac lost 0.3 percent.

Energy stocks were mixed losing 0.04 percent. Santos was up 2. 77 percent, Woodside Petroleum gave up 0.84 percent, Oil Search was up 0.28 percent, while Beach Energy added 0.75 percent.

Meanwhile, Telstra was flat and Qantas shed 0.82 percent. Endi