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Aust stocks close lower as banks and miners tumble


21 Jan 2009 4:36 PM

The Australian share market perked up in afternoon trading but still closed almost one per cent weaker .. largely on anxiety over the health of overseas banks.

At the 1615 AEDT close .. the benchmark S&P/ASX200 index had fallen 33.8 points .. or 0.97 per cent .. to 3,442.8 .. and the broader All Ordinaries index had declined 30.2 points .. or 0.88 per cent .. to 3,394.8.

On the Sydney Futures Exchange .. the March share price index futures contract was down 42 points at 3,420 on a volume of 28,390 contracts .. according to preliminary calculations.

Stock Move Price

AMP -0.080 5.320

ANZ Bank -0.530 13.170

BHPBilton -0.290 28.660

CBA -0.740 25.610

NAB -0.780 17.610

NewsCorp -0.300 12.310

Polartech -0.010 .130

Rio Tinto -0.740 37.250

TelstraCp +0.060 3.600

WestpacBk -0.480 15.020

Woolwrths -0.010 25.790