Australian shares track global equities lower; NZ closed

In other key markets, Japan's Nikkei .N225 was down 0.3% at 27,685.43 and S&P 500 E-minis futures EScv1 rose 0.1%.

SYDNEY: Australian shares fell on Monday, pulled down by a slide in global equities on Friday as U.S. jobs data signalled the Federal Reserve will likely continue raising interest rates to ease inflation.

The S&P/ASX 200 index .AXJO was down 0.4% at 7,211.80 by 0038 GMT, with most sub-indexes in red. The benchmark closed 0.9% higher on Friday.