Thursday, February 14, 2013

Reuters: Hot Stocks: Australian shares slip; investors cautious on euro woes, Rio results

Reuters: Hot Stocks
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Australian shares slip; investors cautious on euro woes, Rio results
Feb 14th 2013, 23:21

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Thu Feb 14, 2013 6:21pm EST

  SYDNEY, Feb 15 (Reuters) - Australian shares dipped 0.2  percent in early trade as the market consolidated recent strong  gains and investors remained cautious after weak euro zone  growth data and a $3 billion annual loss from Rio Tinto.      Global iron ore miner Rio Tinto Ltd fell 2.6  percent to A$70.20, while rival BHP Billiton eased 1.0  percent.      The benchmark S&P/ASX 200 index slipped 10.8 points  to 5,026.1 by 2314 GMT. The index hit a 4-1/2 year high on  Thursday, closing up 0.7 percent at 5,036.9 points.       New Zealand's benchmark NZX 50 index fell 1.1  percent, or 47.2 points to 4,192.     (Reporting by Thuy Ong; Editing by Richard Pullin)  

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