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Australia: Shares fall as recession fears knock risk appetite, NZ down

The S&P/ASX 200 index tracked Wall Street losses overnight and fell 1.98 per cent to 5,154.30 at the close of trade, taking a chunk out of the benchmark's 3.6 per cent gain on Wednesday.

[SYDNEY] Australian shares closed lower on Thursday, dragged down by the heavyweight financials sector as fears of a possible coronavirus-influenced global recession rose, following the US President Donald Trump's warning about a rise in virus death toll in the country.

The S&P/ASX...

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