Australian shares retreat as oil surges, banks and miners weigh

Australian shares extended their decline for a second day on Friday, as most sectors traded in negative territory with banks and miners shedding the most, while investor sentiment was hampered by resurgent geopolitical tensions. The S&P/ASX 200 was down 0.5% at 9,101.70 by 2321 GMT. The index ended 0.1% lower on Friday, but was on pace to book a third consecutive weekly gain with a roughly 1%…

First reported by Business Recorder 7 hr ago1 source

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Business Recorder06:457 hr ago
Australian shares retreat as oil surges, banks and miners weigh (opens Business Recorder in a new tab)
Australian shares extended their decline for a second day on Friday, as most sectors traded in negative territory with banks and miners shedding the most, while investor sentiment was hampered by resurgent geopolitical tensions. The S&P/ASX 200 was down 0.5%…

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