Australia shares slip on profit-taking, uncertainties; NZ stocks dip

April 20, 2015 3:59 AM

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SYDNEY/WELLINGTON, April 20 (Reuters) - Australian shares dropped 1 percent on Monday, following a weak finish on Wall Street, as China's latest round of stimulus over the weekend to fight slowing growth failed to revert sentiment.

The S&P/ASX 200 index shed 60.9 points to 5,816.9 by 0331 GMT, retreating further from the key psychological level of 6,000. The benchmark has slipped 2.4 percent in the last week.

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