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Aust stocks to fall on Monday after Wall St slides


23 Feb 2009 2:31 AM

The Australian share market is expected to start the week lower .. after US and European markets plunged on Friday.

Commonwealth Securities senior analyst CRAIG JAMES expects the local share market to fall by up to 30 points today .. after closing firmly in the red on Friday.

Mr JAMES says the local market will fall on the back of weaker US and European markets and lower base metal prices.

But he says the Australian economy still continues to hold up a lot better than other economies around the world.

AAP RTV lm/jm/crh/psm/