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News

Miners, financials pull Australian shares to over one-week low

Miners, financials pull Australian shares to over one-week low ASX 200 hit lowest level since mid-Sept during session Index hit record high on Mon, but lost 0.8% this week Energy stocks marks best week since Oct 2022 Updates to close By Sherin Sunny Oct 4 (Reuters) - Australian shares ended at their lowest in more than a week on Friday, weighed by miners and financials, as the escalating tensions in the Middle East dampened risk sentiment.
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Australian shares fall as consumer, tech losses outweigh commodity gains

Australian shares fall as consumer, tech losses outweigh commodity gains Tech stocks close 1.6% lower Energy stocks hit 1-month high Australia top court dismisses ANZ's appeal Updates to close By Archishma Iyer Oct 2 (Reuters) - Australian shares closed slightly lower on Wednesday, as losses in consumer-focussed and technology sectors outweighed gains in energy and mining stocks, while Iran's ballistic missile strike on Israel stoked fears of a wider conflict in the Middle East.
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Australian shares slip as banks' losses outweigh gains in miners

Australian shares slip as banks' losses outweigh gains in miners Oct 2 (Reuters) - Australian shares inched lower on Wednesday as losses in banks outweighed gains in mining and energy stocks, while escalating tensions in the Middle East also curbed risk appetite globally. The S&P/ASX 200 index .AXJO was down 0.3% to 8,185, as of 0026 GMT, extending losses to a second session.
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Nickel miner Wyloo to sell its low-carbon metal on platform Metalshub

Nickel miner Wyloo to sell its low-carbon metal on platform Metalshub LONDON, Oct 1 (Reuters) - Nickel miner Wyloo, owned by Australian mining magnate Andrew Forrest, has agreed to sell its low-carbon metal on trading platform Metalshub, hoping to develop a price index for green metal, the two companies said on Tuesday. In March, Wyloo said that if the London Metal Exchange (LME)failed to launch a green nickel contract, the industry would have to look for another trading venue.
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Aussie mining stocks snap 5-day winning run as copper retreats

BUZZ-Aussie mining stocks snap 5-day winning run as copper retreats ** Aussie mining stocks .AXMM slide as much as 2.4%, snapping a five-session gaining streak ** Copper prices fell overnight as investors booked profit after a rally driven by stimulus measures in top metals consumer China MET/L ** Dalian Commodity Exchange and the Shanghai Futures
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