A low closing for U.S. stocks led to a low opening at the Australian shares market.

At the Sydney Futures Exchange, the September share price index contract was 27 points lower at 4,550 points. The number of contracts traded reached 3,880.

The benchmark S&P/ASX200 index closed on Tuesday with 2.3 points (0.05 percent) lower, at 4,573.2 points. The broader All Ordinaries index also ended lower with 2.7 points (0.06 percent) at 4,613 points.

A close eye at the share prices of resources and mining firms, as well as, financial institutions could help shoot up gains. Adamus Resources Limited (ASX: ADU) shares closed at 64.5 cents on September 2 and has suspended trading since then.

Another resources group is on the ASX watchlist because of allegedly breaching the listings rules. Gold explorer Andean Resources Limited (ASX: AND), however, denies the breach and claimed that they informed the ASX of a takeover proposal from Eldorado Gold Corporation. AND shares are up four cents at $7.04.

Funeral services provider Invocare Limited (ASX: IVC) is also receiving accusations of hiding the truth. Its shares were down nine cents at $6.70.

Non-operating holding company Macquarie Group Limited lost 2.2 percent more after four brokers cut price targets on the stock following the investment bank's profit warning. Shares are down by 78 cents at $34.47.