Friday, July 19, 2013

Reuters: Hot Stocks: Australia shares close lower, miners and banks drag

Reuters: Hot Stocks
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Australia shares close lower, miners and banks drag
Jul 19th 2013, 06:16

Fri Jul 19, 2013 2:16am EDT

SYDNEY, July 19 (Reuters) - Australian shares fell 0.4 percent on Friday, dragged down by flagship mining and financial stocks and a slide in blasting systems supplier Orica Ltd after it cut full-year earnings guidance.

The S&P/ASX 200 index fell 21.3 points to finish the session at 4,972.1. The benchmark was flat for the week. New Zealand's benchmark NZX 50 index fell 0.6 percent or 25.1 points to finish at 4,538.3. (Reporting by Thuy Ong)

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