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COH — Cochlear News Story

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HealthcareBalancedLarge CapFalling Star

Cochlear, Sonic Healthcare fall on MSCI Australia Index exit

BUZZ-Cochlear, Sonic Healthcare fall on MSCI Australia Index exit

** Hearing implants maker Cochlear COH.AX falls as much as 2.8% and diagnostics services provider Sonic Healthcare SHL.AX lose as much as 1.7%

** Both stocks to be removed from MSCI Australia Index, a benchmark index tracking large- and mid-cap Australian stocks, effective end of Aug 31

** COH last down 1.6%, on track for worst day since August 19; SHL down 1.4%, eyeing biggest one day fall in a week

** On YTD basis, COH and SHL down 48.7% and 12.6%, respectively, including moves in current session


(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.Shaikh@thomsonreuters.com;))

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