All
 

 

Just in:  

You are here: Home»Markets»Equity»Australia»Australia shares down on global uncertainty, BHP falters

australia-stock-exchange copySYDNEY: Australian shares slipped 0.8 percent on Thursday, with big miners leading losses after Wall St fell on worries about protracted US budget negotiations and rising violence in the Middle East.

 

BHP Billiton dragged on the index, dropping 1.5 percent as it looks to control costs in a softer iron ore market, while rival Rio Tinto shed 2.1 percent.

 

The benchmark S&P/ASX 200 index was 33 points lower at 4,355.4 by 0051 GMT. It inched up 0.2 percent on Wednesday, but is still down 3.6 percent so far this month.

 

"It's just a follow-through risk seen from US markets. Of course we did just see a sharp selloff on Wall Street as we approach that fiscal cliff," said Stan Shamu, market analyst at IG Markets.

 

"It just seems that there's not much confidence out there." he said.

 

Banks were also weak, with top lender Commonwealth Bank of Australia down 1.1 percent.

 

New Zealand's benchmark NZX 50 index slipped 0.1 percent to 3,951.6 points.

 

Copyright Reuters, 2010


 



 
Index Closing Chg%
Arrow DJIA 16,514.37 0.40
Arrow Nasdaq 4,161.46 0.97
Arrow S&P 1,815.69 0.95
Arrow FTSE 6,681.76 0.85
Arrow DAX 9,600.09 2.02
Arrow CAC-40 4,484.21 1.18
Arrow Nikkei 14,388.77 0.85
Arrow H.Seng 23,003.64 0.79
Arrow Sensex 22,758.37 0.03





where to buy

cheap wedding dresses

online - weddingdresstrend.com

Buy cheap Nike Mercurials cleats at mercurialscleats.com
cheap wedding dresses on SiteSteer.com - Best Online Wedding Store


Banking Review 2013


Buy direct from

China free shipping trade platform

Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln