Comments
Australian shares fell for the third straight session on Wednesday as energy stocks led the market lower and investors remained cautious heading into company reporting season.
A recent bull run lasting 12 straight sessions, equal to the country’s longest ever, has convinced many investors to take profits, while uncertainty about a resolution to the Greek debt crisis contributed to the hesitant tone.
The S&P/ASX 200 index fell 31.5 points or 0.5 per cent to 5769.1 at the close of trade.
New Zealand’s benchmark NZX 50 index rose 5.1 points or 0.1 per cent to finish the session at 5,789.2.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.