You are here

Australia: Shares hit 10-day low, NZ stocks end near record

2_15693698 - 13_04_2010.jpg

[MELBOURNE] Australian shares shed 0.49 per cent on Thursday after a string of mixed earnings reports from the likes of fund manager AMP, and the Australian dollar rose, dampening the country's export potential.

The S&P/ASX 200 index fell by 27.25 points to 5,507.80 at the close of trade, having earlier plumbed 5,498.70, its weakest since August 8. The benchmark had ended with a slim gain of 0.05 per cent on Wednesday.

New Zealand's benchmark S&P/NZX 50 index climbed by 0.41 per cent or 30.1 points to finish the session at 7,385.12, close to its most recent record high of 7391.65 from Monday.


BT is now on Telegram!

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