Australia
Tuesday, 08 January 2013 11:18
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SYDNEY: Australian shares ended 0.6 percent lower on Tuesday, losing steam as miners and banks retreated amid investor caution about a steep rise in iron ore prices, US corporate earnings and debt ceiling talks.
Top miner BHP Billiton Ltd eased 0.8 percent, while Rio Tinto Ltd fell 1.2 percent.
Australia's biggest lender Commonwealth Bank of Australia lost nearly 2.0 percent, stepping back from an all-time high hit in the previous session.
The S&P/ASX 200 index was down 27.1 points at 4,690.2, according to the latest data. It slipped 0.1 percent to 4,717.3 on Monday.
New Zealand's benchmark NZX 50 index inched up 0.1 percent to close at a fresh 5-year high of 4,090.4.
Copyright Reuters, 2013 ...
SYDNEY: Australian shares may find it hard to revisit their 19-month highs on Tuesday after global share markets eased, but miners are likely to be supported by firmer iron ore prices and signs of improved growth in China.
* Local share price index futures inched up 0.1 percent, or 5 points to 4,697.0, a 20.3-point discount to the underlying S&P/ASX 200 index close. The benchmark slipped 0.1 percent to 4,717.3 on Monday.
* New Zealand's benchmark NZX ...
SYDNEY: Australian shares slipped 0.1 percent on Monday, paring early gains to trade flat as investors consolidated a recent rally on US data showing a steady pace of jobs growth and brisk expansion in the services sector.
Major banks ended the day moderately higher with Australia New Zealand Banking Group Ltd leading gains, up 0.6 percent. The Commonwealth Bank of Australia bucked the trend, dropping 1 percent after hitting an all-time high of A$63.70 during morning ...
MELBOURNE: Australian shares rose 0.3 percent on Thursday, following a two-day break from trade, with volumes light as final efforts to avert or at least postpone a US "fiscal cliff" get underway.
The benchmark S&P/ASX 200 index rose 13 points to 4,648.0, after rising 0.3 percent in a short session on Monday.
New Zealand's benchmark NZX 50 index rose 0.2 percent to 4,065.5.
Fortescue Metals Group rose 4.1 percent after announcing it will develop its Kings deposit to ...
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