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Australia shares fall to their lowest in over 7 months
by Cals Mon 29 Sep 2014, 22:13
| Australia shares fall to their lowest in over 7 months |
| Business & Markets 2014 |
| Written by Reuters |
| Monday, 29 September 2014 14:27 SYDNEY (Sept 29): Australian shares fell 0.93 percent on Monday to their lowest levels since February as a slump in iron ore prices continued to hamper miners, while investors were also wary of growing protests in Hong Kong. The S&P/ASX 200 index fell 49.22 points to 5,264.20 at the close of trade. The benchmark lost 2.2 percent last week, its fifth consecutive week of losses and its longest losing streak since January. New Zealand's benchmark NZX 50 index rose 0.12 percent or 6.02 points to finish the session at 5,259.51. - Reuters |
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