The Australian share market has slipped in early trade, following a decline on Wall Street overnight.

At 1010 AEDT, the benchmark ASX/S&P200 was down 18.2 points, or 0.32 per cent, at 5,666.8 points, while the broader All Ordinaries index was 17 points, or 0.30 per cent, lower at 5,715.4.

In futures trading, the March SPI200 futures contract was down 14 points at 5,636 points, with 5,703 contracts traded.

The Australian dollar is trading lower against its US counterpart as bargain hunters piled into the greenback.

The local currency was trading at 71.79 US cents at 1015 AEDT, down from 72.13 US cents on Wednesday.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.7476-0.0023-0.30%
    AUDUSD=X
    0.6203+0.0045+0.73%
    AUDGBP=X
    0.7050-0.0003-0.04%
    AUDEUR=X