You are here

Australia: Shares fall for a 5th day, end 4% higher in October

362285535612.jpg
People walk past the display at the Australian Securities Exchange (ASX) in Sydney on Sept 30, 2015.

[SYDNEY] Australian shares ended 0.5 per cent lower on Friday for a fifth day of decline, as miners fell on concerns about demand from China and United States as growth slows while lower-than-expected bank profits hurt sentiment.

The S&P/ASX 200 index fell 27.46 points to 5,239.40 at the close of trade.

The index ended the week down around 2 percent, its biggest drop since the week of Sept 21-25. But it had a monthly gain of 4.33 per cent, the most since July.

New Zealand's benchmark NZX 50 index fell 0.28 per cent or 16.60 points to finish the session at 5,986.37.

REUTERS

sentifi.com

Market voices on:

Powered by GET.comGetCom