Reuters: Hot Stocks: Australian shares drop on Wall St falls, Italy worries

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Australian shares drop on Wall St falls, Italy worries Feb 25th 2013, 23:15 Tweet Share this Email Print Mon Feb 25, 2013 6:15pm EST SYDNEY, Feb 26 (Reuters) - Australian shares lost 1.3 percent on Tuesday after Wall Street stocks fell and investor sentiment was hit by worries of renewed euro zone instability as election projections showed Italy could end up with a split parliament. The benchmark S&P/ASX 200 index had lost 61.6 points to 4,994.2 by 2310 GMT. 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 fell 0.3 percent, or 14.3 points, to 4,212.1. (Reporting by Thuy Ong; Editing by Chris Gallagher) 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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