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Australia shares down after Wall St drops, awaiting China PMI
by hlk Thu 23 May 2013, 09:58
Business & Markets 2013
Written by Reuters
Thursday, 23 May 2013 08:46
A + / A - / Reset
SYDNEY (May 23): Australian shares fell 0.4 percent early on
Thursday, after Wall Street retreated over worries that the U.S. Federal
Reserve may consider winding back its economic stimulus programme.
Investors will watch for HSBC's early manufacturing report on China,
Australia's biggest export market, for clues to China's economic
recovery.
The benchmark S&P/ASX 200 index lost 22.6 points to 5,142.8 by 0011
GMT. The index fell 0.3 percent on Wednesday.
New Zealand's benchmark NZX 50 index slipped 0.1 percent to 4,614.1
points.- Reuters
Written by Reuters
Thursday, 23 May 2013 08:46
A + / A - / Reset
SYDNEY (May 23): Australian shares fell 0.4 percent early on
Thursday, after Wall Street retreated over worries that the U.S. Federal
Reserve may consider winding back its economic stimulus programme.
Investors will watch for HSBC's early manufacturing report on China,
Australia's biggest export market, for clues to China's economic
recovery.
The benchmark S&P/ASX 200 index lost 22.6 points to 5,142.8 by 0011
GMT. The index fell 0.3 percent on Wednesday.
New Zealand's benchmark NZX 50 index slipped 0.1 percent to 4,614.1
points.- Reuters
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