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Article: STOCKS - AUSTRALIAN SHARES CLOSE LOWER - OCT 1, 2009.
- Article from:
- AsiaPulse News
- Article date:
- October 1, 2009
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MELBOURNE, Oct 1 Asia Pulse - The Australian sharemarket closed lower on Thursday after a negative lead from United States markets.
At the 1615 AEST close, the benchmark S&P/ASX200 index had fallen 42.5 points, or 0.9 per cent, to 4701.1, while the broader All Ordinaries index dropped 37.3 points, or 0.79 per cent, to 4702.0.
On the Sydney Futures Exchange, the December share price index futures contract was down 29 points at 4718, on a volume of 27,998 contracts, according to preliminary calculations.
"With light volume in Asian trade, it was bit like the (Australian) market was lost in the wilderness," CMC Markets market analyst David Taylor ...