expressindia.indianexpress.com
expressindia web
HomeBlogsCricketAstrology ShoppingTendersClassifieds Reader Comments
Font Size
Expressindia » Story

Australia shares drift, miners up, banks unwind gains

Reuters

Posted: Jan 30, 2013 at 1018 hrs IST
The benchmark S&P/ASX 200 index was down 1.3 points at 4,887.7 by 2315 GMT. (Reuters)

Melbourne Australian shares drifted on Wednesday as banks gave up some recent gains, but top miners climbed on firmer copper prices after China's top think tank raised its economic growth forecast for 2013.

The benchmark S&P/ASX 200 index was down 1.3 points at 4,887.7 by 2315 GMT. On Tuesday, it rose 1.1 percent, or 53.8 points, to its highest since April 2011.

New Zealand's benchmark NZX 50 index rose 0.4 percent to 4,218.9.

Top miner BHP Billiton rose 0.9 percent while banks declined, led by a loss of 0.8 percent in National Australia Bank.

Supermarkets-to-hardware retailer Wesfarmers slipped 0.8 percent to A$38.53 after it said same-store December quarter sales at its Coles supermarket chain rose 3.9 percent from a year earlier, a touch softer than analyst forecasts.

Print
 
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

India, China call for end to incursion issue, sign 8 deals to boost ties

Spot-Fixing: Sreesanth reveals bookies lured India players with cars, women

Jagan Reddy case: Accused Andhra ministers Sabitha, Dharmana Rao resign

Infosys to challenge latest tax demand of $105.3 mn

BJP makes Modi confidant Amit Shah in charge of UP, Varun Gandhi gets Bengal...

Trouble mounts for Sreesanth as Mumbai cops gather more evidence

Kings XI Punjab end IPL 2013 campaign with a win

More
© The Indian Express Limited. All rights reserved
Advertise With Us | Privacy Policy | Feedback | Express Group | Site Map