Reuters: Hot Stocks: Australia shares post biggest weekly fall in 2 months despite China relief

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

Want a Faster Site? A Designer's Guide to Web Performance is a 50-page free guide covering the best practices, how-to steps & tools designers need to make lightning fast sites & apps! From our sponsors

Australia shares post biggest weekly fall in 2 months despite China relief Aug 9th 2013, 06:25 Fri Aug 9, 2013 2:25am EDT SYDNEY Aug 9 (Reuters) - Australian shares fell 0.2 percent on Friday as banking stocks pulled back, but the market recouped some of its earlier losses on the back of higher metals prices and evidence of some stability in China's slowing economy. The S&P/ASX 200 index fell 9.6 points to 5,055.2. The benchmark fell 1.2 percent for the week, its biggest weekly drop in two months. Data showed industrial output growth in China, Australia's main export market, beat forecasts in July, adding to a picture of an economy that appears to be stabilising following a recent slowdown, though weaker-than-expected retail sales added a note of caution. New Zealand's benchmark NZX 50 index fell 0.2 percent or 7.7 points to finish the session at 4,533.6. (Reporting by Thuy Ong; Editing by Shri Navaratnam)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions