Reuters: Hot Stocks: Australia shares fall on worry about Italy, Wall Street slide

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Australia shares fall on worry about Italy, Wall Street slide Feb 26th 2013, 05:20 Tweet Share this Email Print Related Topics Basic Materials » Energy » Industrials » Tue Feb 26, 2013 12:20am EST (Updates to close) SYDNEY, Feb 26 (Reuters) - Australian shares fell 1 percent on Tuesday on euro zone instability fears as Italy faces a political deadlock and after Wall Street suffered its biggest fall since November. The S&P/ASX 200 index was 52.2 points lower according to the latest data, trimming losses from earlier in the session. The benchmark rose 0.8 percent on Monday, keeping the market close to a 4-1/2 year high hit last week. New Zealand's benchmark NZX 50 index closed the session 0.3 percent or 12.5 points higher at 4,238.9. (Reporting by Thuy Ong; Editing by Richard Borsuk) 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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