Australia, NZ: Shares end lower as financials weigh
[SYDNEY] Australian and New Zealand shares were held back on Monday, with gains in natural resources stocks undermined by shares of financial firms that have been dogged by an increase in poorly performing loans and a scandal over interest rate fixing.
The S&P/ASX 200 index shed 6.10 points to 4,931.50 at the close of trade. The benchmark dropped 0.12 per cent.
New Zealand's benchmark S&P/NZX 50 index dropped 0.08 per cent or 5.17 points to finish the session at 6,725.11.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Asia: Stocks track another rally on Wall Street as US rate optimism lingers
Singapore shares rise at Tuesday’s open tracking global rally; STI up 0.2%
ETF popularity poised to stay as investors flock to diversification, stability
Stocks to watch: FLCT, Paragon Reit, AA Reit, Lendlease Global Reit, Far East Orchard, SIA
Europe: Shares close at highest in a week; Indra surges
US: Stocks rise again, extending rally