ANZ bank shares drop over 5 pct after results
SYDNEY |
SYDNEY (Reuters) - Shares in Australia and New Zealand Banking Group Ltd (ANZ.AX) fell as much as 5.4 percent on Thursday after it reported a 32 percent drop in second-half cash profit on a sharp rise in bad debt provisions.
At 2304 GMT, ANZ shares were down 4.8 percent at A$18.12. For more see: [nSYD398676].
($1=A$1.48)
(Reporting by Mette Fraende, Editing by Mark Bendeich)
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