Australia shares fall 0.4 pct, gold miners sink
MELBOURNE, Oct 10 (Reuters) - Australian shares fell 0.4 percent on Wednesday, with some of the biggest declines recorded by gold miners after bullion prices headed lower offshore.
The benchmark S&P/ASX 200 index
fell 17 points to 4,488.7 by 2315 GMT. It rose 0.5 percent to 4,505.3 on Tuesday, a 14-month high.
New Zealand's benchmark NZX 50 index
eased 0.6 percent to 3,882.8 after U.S. stocks fell on increasing worries about third-quarter earnings and the International Monetary Fund warned on global growth.
Gold producer Newcrest Mining
fell 1.8 percent to A$27.99 after the price of the precious metal fell for a third day on worries about a global slowdown. Rival St Barbara
fell 3.4 percent.
(Reporting by Miranda Maxwell; Editing by Richard Pullin)
((miranda.maxwell@reuters.com)(Reuters Messaging: miranda.maxwell.reuters.com@reuters.net)(+61-3 9286-1464))
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