The Business Times

Australia: Shares edge up despite weak miners, overseas concerns

Published Mon, Jul 18, 2016 · 07:02 AM

[SYDNEY] Australian shares edged up on Monday despite a weaker resources sector and concerns that events in France and Turkey would weigh on equities markets.

The S&P/ASX 200 index ended 0.5 per cent, or 28.9 points, higher at 5,458.5.

Australia's Small Ordinaries index posted its ninth straight positive session, driven by investors seeking opportunities away from underperforming large financial stocks.

New Zealand's benchmark S&P/NZX 50 index finished 0.47 per cent, or 33 points, higher at 7,105.95.

REUTERS

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