Home > Community > Financial Markets > Australia shares fall 2 percent; ANZ tumbles

Australia shares fall 2 percent; ANZ tumbles

Published: 28 Oct 2009 15:19:52 PST

WELLINGTON, Oct 29 - Australian stocks fell 2 percent on Thursday, led by miners and banks including Australia & New Zealand Banking Group <ANZ.AX>, on concerns about the health of the global economy.

ANZ fell as much as 3 percent. It reported year profit above expectations but gave a cautious outlook.

The benchmark S&P/ASX 200 index <.AXJO> fell 93.3 points to 4,591.8 by 2311 GMT, after losing 1.4 percent on Wednesday.

New Zealand's benchmark NZX 50 index <.NZ50> fell 0.6 percent to 3,182.65.


Source: Reuters

If you believe an article violates your rights or the rights of others, please contact us.

Share this story:
  • Digg
  • Reddit
  • Mixx it
  • Facebook
Email this page Bookmark this page