Reuters: Hot Stocks: Australia shares slip after wider trade deficit, banks weak

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Australia shares slip after wider trade deficit, banks weak Mar 7th 2013, 05:25 Tweet Share this Email Print Related Topics Basic Materials » Energy » Industrials » Thu Mar 7, 2013 12:25am EST (Updates to close) SYDNEY, March 7 (Reuters) - Australian shares slipped 0.2 percent on Thursday, dragged down by the financial sector after official figures showed the country's trade deficit widened by more than expected and investors awaited data on China's trade balance due on Friday. The S&P/ASX 200 index was off 7.6 points at 5,109.2 according to the latest data. The benchmark rose 0.8 percent on Wednesday to fresh 4-1/2-year highs. New Zealand's benchmark NZX 50 index closed the session 0.8 percent or 35.5 points lower at 4,333.5. (Reporting By Thuy Ong; Editing by Jacqueline Wong) 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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