Markets Today

By Glenn Dyer | More Articles by Glenn Dyer

Aussie stocks finished lower today pulled down by US stocks, which fell overnight on worries about the finance sector and US economy.

The benchmark S&P/ASX 200 Index closed 20 points or 0.38% down at 5,351.

The broader All Ordinaries index slid 17.30 to 5,401.

The Australian dollar was buying 92.30 US cents.

Gold last traded at AU$1023.10 at 4.40pm today.

Crude oil for May delivery last traded at US$106.52 a barrel on the New York Mercantile Exchange at 4.40pm AEDT.

In local stocks, Centro Properties group rose 16.3% to 28.5 cents on speculation lenders could extend a refinancing deadline.

The major banks were mainly down except for Commonwealth Bank which gained 40 cents to $42.71, ANZ fell rose 67 cents to $23.18, Westpac was down 68 cents to $23.90, National Australia Bank shed 79 cents to $29.96 and St George Bank shed $1 to $25.82.

BHP Billiton added 29 cents to $36.05 and Rio Tinto gained $2 to $122.90.

About Glenn Dyer

Glenn Dyer has been a finance journalist and TV producer for more than 40 years. He has worked at Maxwell Newton Publications, Queensland Newspapers, AAP, The Australian Financial Review, The Nine Network and Crikey.

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