Australia: Shares end losing streak, but down 1.7% for the week
[SYDNEY] Australian shares snapped a four-day losing streak to end 0.2 per cent higher on Friday helped by gains in banks and miners but weak energy stocks capped increases.
The S&P/ASX 200 index rose 11.6 points to 5,454.3 at the close of trade. The benchmark lost 0.4 per cent on Thursday. The index shed 1.7 per cent this week, after four weeks of gains.
New Zealand's benchmark NZX 50 index ended 0.4 per cent higher to finish Friday's session at 5,483.99 points.
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
Why the yen is so weak and what that means for Japan
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
US: Wall Street stocks fall as markets weigh strong wage data, Fed meeting
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
Singapore stocks rise, tracking regional bourses; STI up 0.3%
Asia: Markets build on Wall Street rally, yen holds bounce