Monday, February 15, 2010

Share falls expected following Wall St drop

The Australian share market is expected to open weaker today after losses on Wall Street last Friday.

Concerns about China's plans to curb bank lending dragged down the Dow Jones Industrial Average, which fell 45 points to 10,099.

In local futures trade, the Share Price Index 200 has shed 18 points to 4,516.

At 9:34am (AEDT) the Australian dollar was worth 88.72 US cents.

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