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The Australian share market is expected to open lower despite gains on Wall Street at the end of last week.

The SPI200 futures contract was down 26.0 points, or 0.39 per cent, at 6,726.0 at 0700 AEDT, suggesting a fall for the benchmark S&P/ASX200 on Monday.

On Wall Street on Friday, the Dow Jones Industrial Average was up 0.28 per cent, the S&P 500 was up 0.49 per cent and the tech-heavy Nasdaq Composite was up 0.42 per cent.

The Aussie dollar is buying 69.01 US cents from 68.89 US cents on Friday.