Australian share market opens slightly down

Sydney, Sep 11 (IANS) The Australian share market was down slightly at the open on Friday, a media report said.

At the official market open, the benchmark S&P/ASX200 index had declined 5.4 points, or 0.11 percent, to 5,089.6, while the broader All Ordinaries dropped 4 points, or 0.08 percent, to 5,113, Xinhua reported.

Financial stocks were 0.17 percent down, ANZ up a slight 0.03 percent, while the National Australia Bank fell 0.13 percent. Westpac went back 0.65 percent and the Commonwealth Bank was unchanged.

Consumer staples were also down 0.19 percent overall as Woolworths opened 0.4 percent weaker and Wesfarmers slid 0.05 percent.

Despite the rises in oil prices, energy stocks started 0.31 percent in the negative with Woodside Petroleum off 1.3 percent, Santos was up 0.68 percent and Oil Search was down 0.92 percent.

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