Wires

Australia shares down but off lows

Share

MELBOURNE, Oct 11 (Reuters) - Australian shares fell 0.2percent on Thursday, weighed by weakness in miners but paringsteeper earlier losses after data showed a jump in jobs inSeptember.

The Australian dollar

rose a third of a cent asexpectations for a November rate cut weakened after governmentdata showed employment rose 14,500 in September, compared toforecasts for a slight rise of 3,750.

.

The benchmark S&P/ASX 200 index

fell 7 points to4,483.5, according to the latest data, off a session low of4,460.4.

New Zealand's benchmark NZX 50 index

slipped 0.1percent to 3,883.3.Lynas Corp Ltdplunged 15 percent as it facedanother delay in opening its rare earths plant in Malaysia.

(Reporting by Miranda Maxwell; Editing by Jeremy Laurence)

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