Reuters: Hot Stocks: Australia shares end 0.4 pct lower, miners consolidate

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Australia shares end 0.4 pct lower, miners consolidate Jan 4th 2013, 05:22 Tweet Share this Email Print Related Topics Basic Materials » Energy » Industrials » Fri Jan 4, 2013 12:22am EST (Updates to close) SYDNEY, Jan 4 (Reuters) - Australian shares eased 0.4 percent on Friday, with miners consolidating recent gains and investors taking a breather after some senior U.S. Federal Reserve officials expressed concerns about continuing to expand stimulative monetary policy. Top miners lost ground after hitting their highest since last February on Thursday. BHP Billiton Ltd dropped 0.6 percent, while Rio Tinto Ltd lost 1.0 percent. The S&P/ASX 200 index was down 16.9 points at 4,723.8, according to the latest data. It rose 0.7 percent to 4,740.7 on Thursday, its highest since May 19, 2011. New Zealand's benchmark NZX 50 index inched down 0.2 percent to 4,075.0. (Reporting By Maggie Lu Yueyang; Editing by Jacqueline Wong) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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