Economic Calendar

Monday, September 29, 2008

Australia Stocks Update: S&P/ASX 200 Falls 130.60 to 4,676.80

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By Darren Boey

Sep. 30 (Bloomberg) -- Australia's benchmark stock index, the S&P/ASX 200 Index, fell 2.72 percent at 10:05 a.m.

The index of 200 companies traded on the Australian Stock Exchange fell 130.60 to 4,676.80. Among the stocks in the index, 3 rose, 75 fell and 122 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 77.74 million shares changed hands on the Australian Stock Exchange.

Bhp Billiton Ltd, which fell A$2.94 to A$31.30, was the most active stock by value in Australia.

The next most-active issues were Bhp Billiton Plc, which fell A$1.71 to A$29.70, and Australia & New Zealand Banking Group Ltd, which fell A$1.18 to A$17.61.


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