(Updates to close)
SYDNEY Jan 7 Australian shares shed early gains
and slipped 0.2 percent on Tuesday, as sentiment was dampened by
Wall Street's decline on a mixed bag of economic data and by
lingering caution about Chinese growth.
The S&P/ASX 200 index lost 7.9 points to 5,317.0.
The benchmark fell 0.5 percent in the previous session, its
biggest one-day drop in three weeks.
Boart Longyear climbed 6.8 percent to A$0.47, its
highest price in 2-1/2 months, after appointing a new CFO.
New Zealand's benchmark NZX 50 index slipped 0.1
percent to finish the session at 4,759.6.
(Reporting by Thuy Ong; Editing by Richard Borsuk)