Share market eases in early trade

Resources, energy and banking shares are weighing on the local share market in early trading.

A short time ago the All Ordinaries Index was down 9 points to 4,423, and the ASX 200 was 0.2 per cent lower at 4,404.

Oil and gas exploration and production firm Santos was down almost 2 per cent, and Woodside Petroleum is 15 cents lower to $33.39.

BHP Billiton was down 6 cents to $33.63 and Iluka Resources was 1.25 per cent lower.

Westpac was the worst of the big four banks with losses of 15 cents to $24.68, while the Commonwealth Bank is bucking the downward trend - it was up 5 cents to $58.72.

The Australian dollar was buying 103.8 US cents.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.7812+0.0003+0.04%
    AUDUSD=X
    0.5060+0.0002+0.04%
    AUDGBP=X
    0.6977-0.0001-0.01%
    AUDEUR=X