Economic Calendar

Wednesday, April 29, 2009

Australian Stocks Fall on ANZ Profit; South Korea Shares Advance

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Australian Stocks Fall on ANZ Profit; South Korea Shares Advance


By Darren Boey

April 29 (Bloomberg) -- Australian stocks fell, led by banks, after Australia & New Zealand Banking Group Ltd. said first-half profit slumped. South Korean stocks rose as the country’s current-account surplus widened to a record.

The S&P/ASX 200 Index lost 0.3 percent to 3696.90 as of 10:16 a.m. in Sydney. The Kospi Index climbed 0.6 percent to 1,307.84 in Seoul. The MSCI Asia Pacific excluding Japan Index rose 0.2 percent. Japan is shut today for a holiday.




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