The Australian sharemarket is slightly lower at noon, weighed down by falls in bank stocks as investors take profits after Commonwealth Bank's record result. At 12. 05pm (AEST), the benchmark S&P/ASX200 index fell 18 points, or 0. 33 per cent, to 5,512. 3, while the broader All Ordinaries index lost 17. 2 points, or 0. 31 per cent, to 5,505. 9.
Read more here: Business Spectator