Australia's Wesfarmers dips on Bunnings' soft start to FY25
** Shares of conglomerate Wesfarmers WES.AX dip as much as 4.1% to A$74.07, posting their biggest intraday percentage loss since June 24
** Co says in the first eight weeks of fiscal 2025, sales growth in Bunnings division moderated from H2 of FY24
** Bunnings is a retailer of home improvement and lifestyle products and accounts for about 60% of Wesfarmers' profit. It is by far the country's biggest home improvement chain
** Wesfarmers says co expects market-wide softness in building activity to continue in fiscal 2025
** Shares hit their lowest level since Aug. 21
** Given the stock's strong run into Thursday, an in-line result and softness in the Bunnings trading update will likely see some profit-taking - Citi
** Stock up 35.3% this year, as of last close
Reporting by Roushni Nair in Bengaluru
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