Reuters: Hot Stocks: Australia shares post first fall in 11 days

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Australia shares post first fall in 11 days Jan 31st 2013, 05:16 Tweet Share this Email Print Thu Jan 31, 2013 12:16am EST MELBOURNE, Jan 31 (Reuters) - Australian shares fell 0.4 percent on Thursday on caution over stalled U.S. economic growth, breaking the local market's 10-day winning streak, the longest in more than nine years. The benchmark S&P/ASX 200 index fell 18 points to 4,878.8, according to the latest data. Australian miners and retailers were lower, pulling the market down from 21-month highs after a 5.3 percent gain in January. New Zealand's benchmark NZX 50 index rose 0.1 percent to 4,252.647. U.S. stocks fell on Wednesday after U.S. gross domestic product had unexpectedly contracted in the fourth quarter. (Reporting by Miranda Maxwell; Editing by Ron Popeski) 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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