Reuters: Hot Stocks: Australia shares end flat; Rio falls after weak results

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Australia shares end flat; Rio falls after weak results Feb 15th 2013, 05:35 Tweet Share this Email Print Related Topics Basic Materials » Energy » Industrials » Fri Feb 15, 2013 12:35am EST (Updates to close) SYDNEY, Feb 15 (Reuters) - Australian shares finished flat on Friday, as investors were cautious after bleak euro zone data and a $3 billion annual loss from global miner Rio Tinto. The absence of positive catalysts kept most buyers at bay as markets awaited the outcome of the weekend meeting of G20 finance ministers in Moscow. Global iron ore miner Rio Tinto Ltd tumbled 2.7 percent while rival BHP Billiton Ltd dropped 0.8 percent. The S&P/ASX 200 index was 3 points lower at 5,033.9, according to the latest data. The index hit a 4-1/2 year high on Thursday, closing up 0.7 percent at 5,036.9 points. The benchmark jumped 1.3 percent for the week, continuing the market's bull-run for the fifth consecutive week. New Zealand's benchmark NZX 50 index closed the session down 1 percent or 42.5 points at 4,196.7. (Reporting by Thuy Ong; Editing by Shri Navaratnam) 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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