Australia's Wesfarmers loses most in nearly five months in ex-dividend trade
** Shares of Australia's Wesfarmers WES.AX fall as much as 3.1% to A$88.08, posting their biggest intraday pct drop since April 7 ** Diversified conglomerate trades ex-dividend; to pay final dividend of A$1.11 per share ** WES among top losers on the S&P/ASX 200 consumer discretionary index .AXDJ, which is down 2.1% ** Stock last down 3.1%, paring YTD gains to 23.2% (Reporting by Keshav Singh Chundawat in Bengaluru) ((Keshav.SinghChundawat@thomsonreuters.com;))
Recent news on WESFARMERS
See all newsBrief: Wesfarmers Says It Has Had A Reasonable Start To The Financial Year
Australia's Wesfarmers falls on slowing Bunnings Group sales growth
Analysis: Billions in collateral damage: The hidden cost of Australia's housing slowdown
Aussie tycoon stands on precipice of M&A glory
Aussie tycoon stands on precipice of M&A glory