Australia: Shares retreat from 7-year high, NZ shares storm to new record
Published Thu, Feb 26, 2015 · 05:59 AM
[SYDNEY] Australian shares retreated from multi-year highs on Thursday as weak economic data and mixed corporate earnings reports gave investors little incentive to buy.
After reaching a seven-year closing high on Wednesday, the S&P/ASX 200 index fell 0.6 per cent or 36.4 points to close at 5908.5.
New Zealand's benchmark NZX 50 index added 0.3 per cent or 19.4 points to a fresh all-time closing high of 5861.7.
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
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard
Europe: Stocks retreat on earnings gloom, weak US economic data