(Bloomberg) -- Australia's key stock index dropped from a record high, led by BHP Billiton Ltd. and Rio Tinto Group, after prices of metals including copper and zinc fell.
``Metals were markedly lower and their influence on the index is evident in BHP and Rio today,'' said Michael Birch, who helps manage $133 million at Wallace Funds Management in Sydney. ``There's a bit of steam coming out the market after a good run this week.''
Read more at Bloomberg Stocks News
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