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

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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

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