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Australia: Shares close down as oil, metals dip; NZ stocks bounces off record high

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[SYDNEY] Australian shares fell for the first time in four sessions on Monday as mining and energy companies were hurt by weaker metals and oil prices, while New Zealand shares hit another record high propelled by yield-hungry investors.

The S&P/ASX 200 index fell 16.52 points to 5166.60 at the close of trade. The benchmark was down 0.32 per cent from Friday's close.

New Zealand's benchmark S&P/NZX 50 index edged up 0.28 per cent or 18.44 points to finish the session at 6641.94, after having touched an all-time high of 6649.61 during the session.

REUTERS

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