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Article: STOCKS - AUSTRALIAN SHARES WEAKER AT NOON - MAY 20, 2009.
- Article from:
- AsiaPulse News
- Article date:
- May 20, 2009
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SYDNEY, May 20 Asia Pulse - The Australian share market was half a per cent weaker at noon, shedding gains it had made in earlier trade.
At 1200 AEST, the benchmark S&P/ASX200 was down 14.6 points, or 0.38 per cent, at 3,802.7, while the broader All Ordinaries had lost 11.8 points, or 0.31 per cent, to 3,788.8.
On the Sydney Futures Exchange, the June share price index contract was 39 points lower at 3,805 on volume of 13,480 contracts.
James Foulsham, head of trading at CMC Markets, said the market would continue to fluctuate into Wednesday afternoon.
"Overall, it's a relatively quiet day in trade," Mr Foulsham told AAP.
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