Australian shares edge lower as bank, mining losses outweigh Origin-led utility gains
Australian shares fell on Thursday, dragged lower by heavyweight banking and mining stocks, while gains in utilities helped cushion the decline after Origin Energy reported annual profit ahead of estimates. The S&P/ASX 200 index fell 0.3% to 9,181.60 by 0040 GMT. The benchmark ended 0.5% lower on Wednesday. Financials fell 0.2%, with Insurance Australia Group tumbling 5.4% after a drop in…
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