March 11 (Reuters) – Australian shares extended their recovery streak on Wednesday after a recent selloff linked to the Middle East war, as investors purchased mining stocks, with stronger iron ore and gold prices lifting the sector. The S&P/ASX 200 index was up 0.2% at 8,713.10, as of 2339 GMT. The benchmark ended 1.1% higher…
March 9 (Reuters) – Australian shares dropped more than 3% on Monday, as oil prices’ ascend to over $100 per barrel due to the Middle East conflict heightened global concerns over cost-of-living crisis, dampening appetite for riskier assets. The S&P/ASX 200 index slipped 3.2% to 8,571.1 by 2327 GMT. Last week, the benchmark lost nearly…
Jan 19 (Reuters) – Australian shares fell on Monday after a five-session winning run, with financials leading losses, while market focus turned to a key monthly jobs report and quarterly production results of blue-chip miners this week. The S&P/ASX 200 index fell 0.3% to 8,877.4 by 0017 GMT after rising 2.1% last week in its…
Australian shares snap four sessions of losses Banks rebound, ‘Big Four’ up 0.4% to 0.8% NST sheds 10% on production forecast cut By Jasmeen Ara Islam Shaikh Jan 2 (Reuters) – Australian shares snapped a four-day losing streak on Friday, as investors returned to bellwether financials and lifted the index to a one-week closing high,…
