Economic Calendar

Friday, September 5, 2008

Australia Stocks Update: S&P/ASX 200 Falls 68.30 to 4,911.20

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By Darren Boey

Sep. 5 (Bloomberg) -- Australia's benchmark stock index, the S&P/ASX 200 Index, fell 1.37 percent at 10:05 a.m.

The index of 200 companies traded on the Australian Stock Exchange fell 68.30 to 4,911.20. Among the stocks in the index, 7 rose, 117 fell and 76 were unchanged.

Declines in the S&P/ASX 200 Index were led by Bhp Billiton Ltd, Commonwealth Bank Of Australia and Australia & New Zealand Banking Group Ltd. About 88.18 million shares changed hands on the Australian Stock Exchange.

Bhp Billiton Ltd, which fell 71 cents to A$36.40, was the most active stock by value in Australia.

The next most-active issues were Australia & New Zealand Banking Group Ltd, which fell 59 cents to A$16.33, and Commonwealth Bank Of Australia, which fell A$1.30 to A$41.60.


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