News Formal

Australia: Shares end flat as investors brace for business closures

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

[SYDNEY] Australian shares ended flat on Monday as investors fretted that further virus-led business closures in the country's second-largest state could assuage hopes of a quick economic rebound from the pandemic-induced recession. Read more at The Business Times.

[SYDNEY] Australian shares ended flat on Monday as investors fretted that further virus-led business closures in the country's second-largest state could assuage hopes of a quick economic rebound from the pandemic-induced recession.

"People are reassessing the burden of bad loans as businesses close, and domestic-focused banking and consumer stocks are suffering as a result," Henry Jennings, senior analyst at Marcus Today Financial said. Financials, which were the biggest laggards, closed more than 2 per cent lower with the so-called 'Big Four' banks dropping as much as 4.1 per cent.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 15. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Seoul: Stocks end flat as stalled US stimulus offsets data optimism[SEOUL] South Korean shares closed almost flat on Monday as dented hopes over a new US stimulus plan and a global surge in coronavirus cases offset optimism around domestic data. Read more at The Business Times.
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »

Singapore stocks open lower on Monday; STI down 0.6%SINGAPORE shares continued their decline on Monday morning from the week before. Read more at The Business Times.
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »