Avjennings Homes Limited

The encouraging Asia and US economic news overnight gave a strong lift to Wall Street. The Australian shares delivered a firm opening on Friday and the market is expecting more upbeat data from China today.

Australian shares fell on Tuesday led by financials sector as investors remained concerns over Europe's financial health. At the close, the benchmark S&P/ASX200 index was down 16.3 points, or 0.4 per cent, at 4505.1. The broader All Ordinaries index fell 18.1 points, or 0.4 per cent, to 4520.7.