Aust stocks open lower The Australian stock market has opened lower, led by falls among the major miners and big retail banks. The market took its cues from Wall Street, where US stocks slid about half a per cent and falls in key commodities such as oil and gold. Market players also seemed still disappointed that the Reserve Bank of Australia left the cash rate at 2.75 per cent. "We are just seeing some more money being taken off the table," BBY private client adviser Henry Jennings said. I think the market is a little bit in the doldrums at the moment. Mr Jennings said investors were looking ahead to the release of local economic growth figures due out at 1130 AEST on Wednesday. Gold stocks were the worst-performing sector at the open, having fallen 3.54 per cent. Among the major miners, BHP had fallen 15 cents to $34.11, while Rio had slipped eight cents to $55.05. The big four retail banks were also lower. ANZ was down 11 cents at $27.80, CBA had fallen 29 cents to $66.86, NAB was 19 cents weaker at $29.42 and Westpac was off 30 cents at $28.65. In other news, Billabong shares have recovered a little following Tuesday's plunge when the company lost half its market capitalisation after flagging asset sales to pay down debt as takeover talks collapsed. The stock was up half a cent at 24.5 cents. At 1034 AEST on Wednesday, the benchmark S&P/ASX200 index was down 38.1 points, or 0.78 per cent, at 4,862.7 points. The broader All Ordinaries index was down 37 points, or 0.76 per cent, at 4,849.7 points. The June share price index futures contract was down 34 points at 4,864 points, with 8,484 contracts traded. National turnover was 239.6 million securities worth $592 million.