Reuters: Hot Stocks: Australian shares flat, miners offset by banks

Reuters: Hot Stocks Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Australian shares flat, miners offset by banks Mar 12th 2013, 23:21 Tue Mar 12, 2013 7:21pm EDT SYDNEY, March 13 (Reuters) - Australian shares opened flat on Wednesday after a mixed lead from Wall Street overnight saw a rebound in metal prices which boosted miners, but gains were offset by falls in financials. Blue chip miners all rose, with Rio Tinto up 0.8 percent and BHP Billiton Ltd 0.6 percent. Financials all fell with National Australia Bank losing the most, down 0.8 percent. The benchmark S&P/ASX 200 index was down 1 point to 5,116.9 by 2317 GMT. The index fell 0.6 percent on Tuesday. New Zealand's benchmark NZX 50 index fell 0.2 percent, or 9.4 points to 4,369.3. (Reporting by Michael Sin; Editing by Stephen Coates)

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