Edition:
United Kingdom

Arpit Nayak

Australia shares fall on U.S.-China tensions; set for 4th straight weekly gain

22 May 2020

May 22 Australian shares edged lower on Friday as escalating U.S.-China tensions outweighed hopes of a speedy recovery for the domestic economy from coronavirus-led lockdowns, although the benchmark was on track to post a fourth straight weekly gain.

Australian shares hit 2-month peak as investors eye economic recovery

21 May 2020

May 21 Australian shares rose to their highest in more than two months on Thursday, tracking an overnight tech-led rally on Wall Street, as investors bet on renewed hopes of a swift economic recovery from the coronavirus-driven recession.

Australia shares drop as ties with China come under pressure

20 May 2020

May 20 Australian shares fell on Wednesday, weighed down by escalating tensions with its top trading partner China over a global probe into the origin of the novel coronavirus, while Wall Street's overnight losses also dented sentiment.

Australian shares hit 2-month high as investors bet on vaccine hopes

19 May 2020

* Miners gain as China iron ore inventory drops to 3-year low

Australia, NZ shares climb as more countries emerge from lockdown

18 May 2020

* Australia implements three-step plan to relax lockdown measures

Australia shares end higher but posts first weekly loss in April

24 Apr 2020

April 24 Australian shares ended higher on Friday, but reported its first weekly loss this month, with investors now eyeing corporate results that are set to reflect the economic damage from the coronavirus pandemic.

Australia shares close little changed on grim business activity survey

23 Apr 2020

* New Zealand shares settle slightly higher (Updates to close)

Australia shares end flat as record retail sales spur recovery

22 Apr 2020

* Ramsay Health Care plans biggest capital raise since outbreak

Australia shares end lower on fears of severe economic damage

21 Apr 2020

April 21 Australian shares closed at a near two-week low on Tuesday as fears of a severe economic damage deepened following its central bank's comments, while a historic drop in crude prices overnight dragged energy stocks lower.

Australia shares end lower with energy stocks battered by plunging crude futures

20 Apr 2020

* NZ ends lower, snaps four-session gaining streak (Updates to close)

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