Thu, 04 Jun 2015 11:13:04 GMT
Stocks in Australia fall amid weak economic data
Australian stocks lost as worse data of retail sales and balance of trade disappointed and brought worries to the Australian economy. Retail sales in Australia remained unchanged in April, worse than the expected increase of 0.3% and in the meantime, trade balance came in with deficit of $3.89b, the worst since 2008. The S&P/ASX 200 index fell 0.3% on the