Australia: Material stocks weigh on shares; New Zealand inches up

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Australia: Material stocks weigh on shares; NewZealand inches up

 

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Australia: Shares edge down as oil slump hits energy stocks; New Zealand flat[BENGALURU] Australian shares inched lower on Thursday as a slump in oil prices dented energy stocks, offsetting a rise in financials which had gained on heightened expectations of further interest rate cuts by the central bank after bleak employment data. Read more at The Business Times.
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Australia: Shares rise but bank stocks cap gains; New Zealand flat[BENGALURU] Australian shares rose on Wednesday, supported by consumer and commodity stocks, but heavyweight banking shares fell on fears of stricter lending policies. Read more at The Business Times.
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