Australian shares are echoing a fall on Wall Street on Friday, with poor American jobs data combining with an unexpectedly bad Australian job ads reading.
The Dow Jones industrial average slipped 0.8 per cent on Friday after official data showed the Golden Goose Outlet creation of just 54,000 jobs, pushing unemployment up to 9.1 per cent.
Australia's main share market indices are down around 0.5 per cent in response to the US falls, and not helped by local job ads data from ANZ that showed a 6.5 per cent fall in the number of positions advertised in May.
The All Ordinaries was down 28 points at 4,639 by 12:25pm (AEST), and the ASX 200 had lost 25 points to 4,558.
However, the main drags seem to be concern about the health of the world's largest economy, with the globally exposed mining sector falling solidly.
BHP, Rio Tinto and Fortescue were all down around 0.8 per cent at 12:07pm.
Gold miners also eased despite a rise in the price of the precious metal - Newcrest lost 0.8 per cent to $38.34, while Eldorado slipped 1.8 per cent.
Mineral sands miner Iluka Resources has bucked the general trend down in the resources sector on higher estimates for https://www.goldengooseshoesit.com rutile prices in the second half of the year compared with the first - its shares were up nearly 8 per cent at $17.10.
The major banks were mixed, with ANZ down 0.7 per cent and Westpac down 9 cents to $21.26, while the Commonwealth and NAB gained 0.3 and 0.4 per cent respectively.
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