MARKET TALK: S&P/ASX 200 Down 0.5%; Awaits China Data

9th Jun 2010 06:10

0510 GMT [Dow Jones] S&P/ASX 200 down 0.5% at 4361.8, hits 4355.5 as traders look ahead to China economic data before the weekend, with trade data due Thursday and IP, CPI, PPI, fixed asset investment data due Friday. Cyclicals remain under pressure, with Westpac (WBC.AU) down 1.5%, Macquarie (MQG.AU) down 1.7%, News Corp. (NWS.AU) (owner of this newswire) down 1.8%, BHP (BHP.AU) down 0.8%, Rio Tinto (RIO.AU) down 1.6%, Woodside (WPL.AU) down 1.5%, Brambles (BXB.AU) down 2.9%. But trading volumes are very light and traders don't necessarily expect the market to fall overnight, given lack of catalysts. ([email protected]) Contact us in Singapore. 65 64154 140; [email protected] (END) Dow Jones Newswires June 09, 2010 01:10 ET (05:10 GMT)