WES Wesfarmers Limited

0014 GMT [Dow Jones] Australia's S&P/ASX 200 is down 0.2% at 5303.1 in quiet trading. The S&P/ASX 200 may have scope for a positive close today after falling 0.7% last week versus a 0.6% rise in the MSCI World Index. Lower U.S. bond yields should tend to support high-yield stocks. All sectors bar materials are down with NAB (NAB.AU), Wesfarmers (WES.AU), CSL (CSL.AU), Woodside (WPL.AU), Westfield (WDC.AU), Macquarie (MQG.AU) and QBE (QBE.AU) down 0.5%-1.9%. BHP (BHP.AU), Rio Tinto (RIO.AU), Fortescue (FMG.AU) and Newcrest (NCM.AU) are up 0.6%-4.3% after the materials sector underperformed the broader market last week. (david.rogers@wsj.com)

 
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