Australian shares tick down as miners slip, banks limit losses
Australian stocks edged lower on Wednesday, as gains in financials were eclipsed by a more than 2% drop in heavyweight mining stocks as base metal prices remained weak. The S&P/ASX 200 lost 0.1% to hit 9,118.60 by 2338 GMT. The index had gained roughly 1.2% over the last two sessions. The resources sub-index was the biggest drag on the benchmark, after advancing around 4.6% over the past two…
Read at Business Recorder(opens in a new tab)
Full coverage
Australian shares tick down as miners slip, banks limit losses (opens Business Recorder in a new tab)
Australian stocks edged lower on Wednesday, as gains in financials were eclipsed by a more than 2% drop in heavyweight mining stocks as base metal prices remained weak. The S&P/ASX 200 lost 0.1% to hit 9,118.60 by 2338 GMT. The index had gained roughly 1.2%…
