Reuters: Hot Stocks: Australia shares reverse, snap six sessions of gains

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

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Australia shares reverse, snap six sessions of gains Oct 23rd 2013, 05:16 Wed Oct 23, 2013 1:16am EDT SYDNEY Oct 23 (Reuters) - Australian shares reversed early gains and fell 0.3 percent on Wednesday, snapping a six-day winning streak, as higher-than-expected inflation data reduced the odds of further interest rate cuts. The S&P/ASX 200 index fell 17.1 points to finish at 5,356.1. The benchmark rose 0.4 percent on Tuesday. New Zealand's benchmark NZX 50 index rose 0.9 percent to finish at a fresh record high of 4,876.4. (Reporting by Thuy Ong; Editing by Kim Coghill)

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