ASX is Trading Lower Following Wall Street's Plunge

• Australian markets opened lower today as Wall Street took a plunge yesterday. Following the same trend of Wall Street, the benchmark S&P/ASX 200 index opened 36.9 points down, or 0.68 per cent, at 5,347.8, while the broader All Ordinaries index opened 34.5 points down, or 0.64 per cent, at 5,343.4.

• Even Regional markets are also trading lower. Here's how they are performing:

• Nikkei: -0.5%

• Hong Kong : +0.7%

• Shanghai: +0.1%

• Taiwan: +0.6%

• South Korea: +1.1%

• Singapore: -0.1%

• New Zealand: -0.2%

• The local currency (AUD) is showing some firmness against its U.S. counterpart. It was trading at 94.19 US cents about 8 PM yesterday, but has since fallen back below 94 US cents. It's currently fetching 93.79 US cents.

http://www.capitalvia.com/au/