The Business Times

Australia: Shares drop slightly on weak resources, energy

Published Tue, Nov 11, 2014 · 05:36 AM
Share this article.

[SYDNEY] Australian shares eased on Tuesday as weakness in metals, mining and energy stocks offset the positive catalyst from Wall Street's record close.

The S&P/ASX 200 index posted its second straight drop, falling 6.9 points to 5,517.1 points at the close of trade. The benchmark lost 0.5 per cent on Monday.

New Zealand's benchmark NZX 50 index rose 0.37 per cent or 20.5 points to finish the session at 5,490.8.

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

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here