You are here

Australia, NZ: Shares slip on caution ahead of policy meetings

38188908 - 26_04_2016 - AUSTRALIA-STOCKS_.jpg

[SYDNEY] Australian and New Zealand shares dipped on Tuesday, mirroring softness across much of Asia as investors are wary of taking big positions ahead of key policy meetings this week.

The S&P/ASX 200 index dropped 15.76 points to 5220.60 at the close of trade. The benchmark was down 0.3 per cent.

New Zealand's benchmark S&P/NZX 50 index fell 1.025 per cent or 70.39 points to finish the session at 6795.72.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes