Business News

Aussie shares lower; S&P/ASX 200 fall 1.01%

| More

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.

The All Ords fell 50.9 points, or 1.28 per cent, to 3927.6.

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, 2011

blog comments powered by Disqus

Today on Switzer

  • CraigJames_200x150

    Petrol prices poised to fall, lifting spirits

    Craig James

    Petrol prices up: According to the Australian Institute of Petroleum, the national average Australian price of petrol rose by 3.6 cents per litre to 157.3 cents a litre in the week to July 20.

    See more

  • skynews9026533038wilson

    Geoff Wilson

    Video

    Geoff Wilson from Wilson Asset Management reveals a new innovation – the Future Generation Investment Fund - which gives investors an opportunity to invest in Australia and its future.

    See more



  • SimonBond_200x150

    All my fault?

    Simon Bond

    While technology continues to eliminate jobs and companies fire more people than they hire, both inflation and interest rates will remain at subdued levels.

    See more

  • skynews9024715038ethical

    Nathan Lim

    Video

    Portfolio manager Nathan Lim explains the principles-based charter underpinning superannuation and investment fund manager Australian Ethical.

    See more


Subscribe_normal_normal

  THE SWITZER FEED
Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300