Aussie shares lower; S&P/ASX 200 fall 1.01%
Australian shares finished the day lower after gaining in early morning trade.
The S&P/ASX 200 closed 39.3 points, or 1.01 per cent, lower to 3863.9.
Among the miners, BHP Billiton lost $0.60, or 1.74 per cent, to $33.95 and Rio Tinto was $2.45, or 3.91 per cent, lower to $60.20.
The Big Four banks were higher. ANZ added $0.03, or 0.16 per cent, to $18.78, CBA put on $0.52, or 1.2 per cent, to $43.85, NAB rose $0.15, or 0.71 per cent, to $21.16 and Westpac rose $0.46, or 2.46 per cent, to $19.19.
In energy, Woodside Petroleum lost $1.57, or five per cent, to $29.80, Santos fell $0.45, or 4.15 per cent, to $10.40 and Oil Search was $0.10, or 1.79 per cent, lower to $5.50.
And in retail, Wesfarmers added $0.62, or 2.08 per cent, to $30.47 and Woolworths gained $0.20, or 0.81 per cent, to $24.77.
To Asia, the Nikkei had lost 186.13 points, or 2.17 per cent, to 8374.13 and the Hang Seng was 571.36 points, or 3.23 per cent, lower to 17,097.47.
The Australian dollar was buying 96.3 US cents, 62.31 pence Sterling, 71.93 euro cents and 73.5 Japanese yen.
Published on: Tuesday, September 27, 2011blog comments powered by Disqus
Today on Switzer
Businesses are getting on with business. Clearly bumper profits and high cash levels have driven record investment in buildings over the past year and support the solid upgrade to investment plans.
For a look at the latest reporting season action – plus why Qantas’ share price went up after its record loss – Michael McCarthy of CMC markets joins the program. (Broadcast Thursday 28 August 2014.)
I'd love to do an "I told you so" on the Qantas annual results. A record loss from presumably the worst ever CEO, Alan Joyce.
Not even the very optimistic Wall Street with good economic numbers could ignore "Russia Invades" headlines!
The Australian share market has closed flat, with the big supermarket owners weighing on sentiment as the earnings season winds up.
Former Deputy Prime Minister and Treasurer – and the man named Finance Minister of the Year in 2011 – The Hon Wayne Swan reveals insights from his new book ‘The Good Fight’. (Broadcast Wednesday 27 August 2014.)