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Australia: Shares edge lower, New Zealand stocks near two-month peaks

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People walk past the display at the Australian Securities Exchange (ASX) in Sydney on Sept 30, 2015. Australian shares trimmed earlier losses to close a touch lower on Wednesday, while New Zealand stocks ended the session near two-month highs.

[SYDNEY] Australian shares trimmed earlier losses to close a touch lower on Wednesday, while New Zealand stocks ended the session near two-month highs.

The S&P/ASX 200 index slipped 5.5 points, or 0.1 per cent, to 5,554 at the close of trade, to show its third consecutive session of losses.

Energy and mining sectors remained under the cosh, but financial stocks managed to pare losses.

The New Zealand's benchmark NZX 50 index rose 0.4 per cent or 24.31 points to finish the session at 5,727.13. During the session, it reached a two-month high of 5,728.50.

AFP

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