Australian stocks open sharply lower

October 9th, 2008 - 7:56 am ICT by IANS  

Sydney, Oct 9 (DPA) Australian stocks tumbled 1.5 percent in early trading Thursday on thin volume.The ASX 200 shed 68 points, or 1.5 percent, to 4,319.

The market was braced for figures showing a jump in unemployment from the current 30-year low of 4 percent.

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