Australia, NZ: Shares hit 1-month lows as banks stumble, NZ up slightly
Published Tue, Mar 29, 2016 · 05:24 AM
[SYDNEY] Australian shares slumped to one-month lows on Tuesday, pressured by losses in the financial sector on concerns over rising bad debt, while the New Zealand market edged up slightly.
The S&P/ASX 200 index shed 79.71 points to 5004.50 at the close of trade. The benchmark dropped 1.57 per cent.
New Zealand's benchmark S&P/NZX 50 index rose 0.21 per cent or 13.78 points to finish the session at 6676.33.
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
UBS lifts Chinese stocks to overweight in rare upgrade call
Asia: Most markets rise with earnings, US data in view
Singapore banks lead market surge again on easing Middle East tensions; STI up 1%
Stocks to watch: Clar, Keppel Reit, ESR-Logos Reit, Nanofilm, LHN
Europe: Stocks rebound after last week’s selloff, eyes on earnings and data
US: Stocks rebound to open big earnings week