SYDNEY, Dec 5 (Reuters): Australian shares fell 1.4 per cent on
Thursday, the biggest one-day per centage loss in more than two months,
as investors become more concerned that the Federal Reserve might start
trimming its stimulus soon, while awaiting the US payroll numbers due on
Friday.
Sentiment was also soured by data showing Australia posted a bigger-than-expected trade deficit in October.
The S&P/ASX 200 index dropped 75.8 points to close at 5,198.0, the lowest since Oct 15. The benchmark rose 0.4 per cent on Wednesday.
New Zealand's benchmark NZX 50 index dropped 0.3 per cent to 4,719.9.
Sentiment was also soured by data showing Australia posted a bigger-than-expected trade deficit in October.
The S&P/ASX 200 index dropped 75.8 points to close at 5,198.0, the lowest since Oct 15. The benchmark rose 0.4 per cent on Wednesday.
New Zealand's benchmark NZX 50 index dropped 0.3 per cent to 4,719.9.
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