Reuters: Hot Stocks: Australia shares lose ground on profit-taking; Transfield drops

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

Australia shares lose ground on profit-taking; Transfield drops May 21st 2013, 00:19 Tweet Share this Email Print Mon May 20, 2013 8:19pm EDT (Updates to open) SYDNEY, May 21 (Reuters) - Australian shares inched down 0.2 percent on Tuesday with buyers taking profits following the market's run-up to 5-1/2 year highs in the previous session, and as the Australian dollar rebounded against the greenback. Mining services company Transfield Services Ltd dived 15.7 percent to A$1.08 after downgrading its earnings guidance, blaming a slowdown in the mining sector. The S&P/ASX 200 index dropped 10.8 points to 5,198.2 by 0014 GMT. The benchmark rose 0.5 percent on Monday. New Zealand's benchmark NZX 50 index fell 0.4 percent in early trade to 4.581.9. (Reporting by Maggie Lu Yueyang; Editing by Eric Meijer) 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.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions