Australia: Shares slip on mining declines, NZ nudges to new record
[SYDNEY] Australian shares declined on Wednesday as weakness in miners and financials dragged on the broader market, while New Zealand stocks edged closer to all-time highs.
The S&P/ASX 200 index fell 24.3 points, or 0.5 per cent, to 5,142.3 at the close of trade. The benchmark has been clawing back its losses after its worst start to a calendar year in decades but is still down 3 per cent this year.
New Zealand's benchmark S&P/NZX 50 index added 4.6 points, or 0.1 per cent, to finish the session at 6,668.9, its fourth record close in a row.
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
STI climbs 0.8% on Friday, tracking regional rally
JPMorgan says India index inclusion on track, clients ready
Asia: Markets mostly rise as US data boosts rate hopes
Singapore stocks advance at Friday’s open, STI up 0.4%
Stocks to watch: OCBC, Sri Trang Gloves, Wilmar, Great Eastern, F&N, SingPost
Europe: Stoxx 600 ends at record high; BBVA weighs on Spain