Aust shares open more than 1% lower

The Australian share market has opened more than one per cent lower.

At 1010 AEDT on Monday, the benchmark S&P/ASX200 index was down 70.8 points, or 1.40 per cent, at 4,980.5, while the broader All Ordinaries index was down 68.9 points, or 1.35 per cent, at 5,042.9.

On the ASX 24, the December share price index futures contract was down 58 points at 4,976, with 10,459 contracts traded.


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