Australia: Shares end lower; NZ off record high by close

[SYDNEY] Australian shares slipped 1.4 per cent on Tuesday led by broad-based losses across sectors led by resources stocks while New Zealand's benchmark index hit a record high.

The S&P/ASX 200 index fell 74.06 points to 5,111.40 points at the close of trade, moving away from a 10-week peak touched on Monday.

New Zealand's benchmark S&P/NZX 50 index scaled a new high of 6,607.86 points on Tuesday before ending up 0.2 per cent at 6,577.82.

REUTERS