** Australian consumer staples retailers fall as much as 1.2%, their biggest intraday percentage decline since Nov 11, 2024
** The sub-index hits its lowest level since Dec 23, 2024
** Data from the Australian Bureau of Statistics showed retail sales rose in November 2024 on Black Friday boost, but missed forecasts
** Retail giants Woolworths and Coles drop up to 1.4% and 1.1%, respectively
** Pub operator Endeavour Group falls as much as 2.1%
** The consumer staples' sub-index lost 4.4% in 2024
(Reporting by Aaditya Govind Rao in Bengaluru)
((Aaditya.govindrao@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.