Australia: Shares close down as weak commodity prices weigh on market
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SYDNEY] Australian shares slipped 0.43 per cent on Thursday, dragged down by falling global commodity prices, which created losses in the materials sector.
The S&P/ASX 200 index lost 24.269 points to close at 5590.300. The benchmark dipped 1.61 per cent on Wednesday.
New Zealand's benchmark NZX 50 index lost 0.45 per cent or 26.45 points to finish the session at 5,901.300.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts