Australian shares down 0.2 pct as banks fall; miners jump

SYDNEY, Apr 10:  Australian shares closed down 0.2 percent on Wednesday, as a retreat in financial stocks offset a rally in resources driven by higher iron ore prices.
The benchmark S&P/ASX 200 index shed 8.8 points to 4,968.0, according to the latest data. The index jumped 1.5 percent on Tuesday, its largest single-day rise in three weeks.
New Zealand’s benchmark NZX 50 index rose 0.6 percent or 24.9 points to 4,420.0.

(AGENCIES)