Reuters: Hot Stocks: Australia shares lose early gains, end at one-month low

Reuters: Hot Stocks Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Australia shares lose early gains, end at one-month low Mar 19th 2013, 05:29 Tue Mar 19, 2013 1:29am EDT SYDNEY, March 19 (Reuters) - Australian shares surrendered early gains to fall 0.6 percent and close at a one-month low on Tuesday as minutes of the central bank's latest meeting were seen reducing the chances of a rate cut and on worries about the bank bailout in Cyprus. The S&P/ASX 200 index lost 28 points to close at 4,987.4 according to the latest data, its weakest finish since February 21. The benchmark had dropped 2.1 percent on Monday, its largest one day drop in four weeks. New Zealand's benchmark NZX 50 index inched up 0.1 percent, or 4 points to 4,345.0. (Reporting by Thuy Ong; Editing by John Mair)

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