You are here

Australia: Shares edge higher, NZ shares fall for first time in 12 sessions

31219886 - 04_04_2014 - shane5.jpg

[SYDNEY] Australian shares edged up 0.15 per cent on Wednesday, rebounding slightly from their biggest one-day loss per centage in three weeks in the previous session, drawing support from stronger financial stocks and despite weakness in resources.

The S&P/ASX 200 index rose 7.58 points to 5,119 at the close of trade. The benchmark fell 1.4 per cent on Tuesday.

New Zealand's benchmark S&P/NZX 50 index fell 0.23 per cent or 14.86 points to finish the session at 6,562.96. The benchmark closed up 0.17 per cent on Tuesday after hitting a record high of 6,607.86, the 12th consecutive daily gain and the longest rally since October, 2015.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to