Tuesday, June 5, 2007

Australia's S&P/ASX 200 Falls, Led by Toll; Woolworths, Telstra Decline

(Bloomberg) -- Australia's benchmark S&P/ASX 200 Index
fell. Toll Holdings Ltd. dropped, weighing on the benchmark, as
its spin-off Asciano Group traded separately for the first time.

Woolworths Ltd. and Telstra Corp. led declines among stocks
that rely on domestic demand as Australia's economy accelerated
faster than expected in the first quarter, stoking concern
interest rates may rise.


Read more at Bloomberg Stocks News

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