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Australia shares fall on Wall St, investors eye jobs data

Wednesday, 10 Oct 2012 | 7:21 PM ET

(Updates to open)

SYDNEY, Oct 11 (Reuters) - Australian shares fell 0.6 percent early on Thursday, following weak leads from Wall Street as U.S. equities sank on corporate warnings of slower growth, with investors waiting on local jobs data later in the morning for an update on the domestic economy.

The benchmark S&P/ASX 200 index

lost 26.4 points to 4,464.3 by 2314 GMT. The benchmark pulled back from 14-month highs on Wednesday after the IMF cut its growth forecast for China, Australia's biggest export market.

New Zealand's benchmark NZX 50 index

slipped 0.4 percent, or 16.8 points 3,871.4.

(Reporting by Thuy Ong; Editing by John Mair)

((thuy.ong@thomsonreuters.com)(+61 2 9373 1236)(Reuters Messaging: thuy.ong.thomsonreuters@reuters.net))

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Keywords: MARKETS AUSTRALIA STOCKS/