Reuters: Hot Stocks: Australian shares open lower, commodities and miners drag

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

Australian shares open lower, commodities and miners drag Apr 3rd 2013, 23:21 Wed Apr 3, 2013 7:21pm EDT SYDNEY, April 4 (Reuters) - Australian shares opened 0.6 percent lower on Thursday following sharp losses on Wall Street overnight, with weaker copper and oil prices dragging down index-heavy resources stocks. Global miners Rio Tinto Ltd lost 1.3 percent, while BHP Billiton Ltd fell 1.5 percent. The S&P/ASX 200 index dropped 27.6 points to trade at 4,930.3 by 2311 GMT. The benchmark dropped 0.6 percent on Wednesday. New Zealand's benchmark NZX 50 index was trading flat, down 1 point to 4,411.8 in early trade. (Reporting by Michael Sin; Editing by Eric Meijer)

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