* Market sees impact from Wall Street's slip
* Most sectors trading lower, led by banks
* Ramsay Healthcare rises on French deal
(Adds analysis, quotes, stocks on the move)
By Thuy Ong and Gyles Beckford
SYDNEY/WELLINGTON, June 12 Australian shares
slipped 0.4 percent on Thursday to a one-week low following
falls in most sectors on Wall Street and mixed employment data
Australia's unemployment rate remained at 5.8 percent in May
- a Reuters poll had forecast 5.9 percent - while the number of
jobs fell 4,800 last month, against an expectation for a gain of
"Things are perhaps a little bit softer than we had
anticipated heading in," said Tom Kennedy, economist at JP
Banks dragged on the index with Commonwealth Bank of
Australia down 0.6 percent, National Australia Bank
off 0.5 percent, and Westpac Banking Corp 0.2
The S&P/ASX 200 index dropped 24.3 points to 5,429.7
by 0210 GMT. The benchmark slipped 0.3 percent on Wednesday.
U.S. stocks fell overnight, with the Dow breaking a
four-day string of record closing highs, following the World
Bank's reduction of its global growth forecast.
"In an ongoing sentiment disconnect with some of the major
global indices, which have soared into unchartered territory,
our local benchmark has continually stumbled in recent
sessions," said Niall King, sales trader at CMC Markets in a
note to clients, adding that the commodity slump has piled
misery on resource stocks.
BHP Billiton Ltd slipped 0.3 percent while rival
bluechip Rio Tinto Ltd skidded 0.7 percent. Iron ore
fell and stayed close to its weakest level since September 2012
at below $100 a tonne as brisk supply and poor demand has cut
prices nearly one-third this year.
Among healthcare stocks, Ramsay Healthcare Ltd
helped lift the sector, jumping 2.7 percent after Australia's
largest private hospital operator said it will buy a majority
stake in Generale de Sante SA in a deal valuing its
French counterpart at 945 million euros. Virtus
Health Ltd added 0.6 percent
Mineral Resource Ltd lost 3.5 percent after
confirming it acquired a 12.8 percent stake in Aquila Resources
Ltd and wants to build and operate Australia's West
Pilbara Iron Ore project. Aquila dropped 2.2
Leighton Holdings Ltd rose 0.7 percent after
Australia's largest construction firm said it is considering
selling its services, property and transport infrastructure
businesses in a restructure led by its new Spanish owner ACS
Actividades de Construccion y Servicios SA.
FSA Group Ltd issued a profit guidance, saying it
has revised its profit after tax guidance up 18 percent to 25
percent for FY 2014. Its shares jumped nearly 10 percent to
3-month highs of A$1.26.
New Zealand's benchmark NZX 50 index edged 0.1
percent higher to 5,184.8.
New Zealand's central bank raised interest rates on Thursday
and said the strength of the currency and data would dictate the
pace of future rises as it pointed to a steady but moderate
tightening of policy.
(Editing by Richard Borsuk)