Australian stocks down 0.52% | Bangkok Post: breakingnews

Australian stocks were down 0.52 percent in early trade Tuesday after Wall Street suffered another slump and European stocks dropped after Greece said it would miss its deficit targets.

A shareholder watches the share price monitors which are reflected on the polished floor of the Australian Stock Exchange (ASX) in Sydney. Australian stocks were down 0.52 percent in early trade Tuesday after Wall Street suffered another slump and European stocks dropped after Greece said it would miss its deficit targets.

The benchmark S&P/ASX 200 shed 33.5 points or 0.86 percent to be at 3,863.5 shortly after opening but recovered to be down just 20.4 points or 0.52 percent at 3,876.6 after 30 minutes of trading.