The Business Times

Australia, NZ: Australia shares see winning streak end, NZ hits another record

Published Tue, Mar 8, 2016 · 06:12 AM

[SYDNEY] Australian shares ended a week-long winning streak and fell on Tuesday as investors took profits on banks and miners, while New Zealand shares rose to a new record.

The S&P/ASX 200 index fell 34.8 points, or 0.7 per cent, to 5,108.0 at the close of trade, its first decline in seven sessions.

New Zealand's benchmark S&P/NZX 50 index added 27.8 points, or 0.4 per cent, to finish the session at 6,446.7, its fourth day in a row of hitting a record.

REUTERS

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