Australia: Shares track global markets lower; tech stocks shine

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

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

[BENGALURU] Australian shares followed global markets lower on Tuesday as record daily coronavirus infections in Europe fuelled fears of more severe lockdowns, with mining, financials and energy stock leading the retreat. Read more at The Business Times.

Australian shares followed global markets lower on Tuesday as record daily coronavirus infections in Europe fuelled fears of more severe lockdowns, with mining, financials and energy stock leading the retreat.[BENGALURU] Australian shares followed global markets lower on Tuesday as record daily coronavirus infections in Europe fuelled fears of more severe lockdowns, with mining, financials and energy stock leading the retreat.

However, losses were checked by technology stocks as buy-now-pay-later firm Afterpay jumped past the A$100 mark for the first time after announcing a deal with Westpac Banking Corp to offer savings accounts and budgeting tools. The S&P/ASX 200 index lost 0.3 per cent, or 18.600 points, to 6,210.10 by 0139 GMT, as global risk sentiment took a hit after parts of the UK and Spain went into lockdown while France imposed curfews to contain a surge in Covid-19 cases.

On Monday, the benchmark had gained 0.9 per cent Afterpay jumped 5 per cent to top the benchmark index, helping the tech sub-index rally nearly 3 per cent to hit an all-time high. Among other gainers on the IT index, data centre services provider NEXTDC rose 1.6 per cent and software maker WiseTech Global added about 2 per cent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shares in managers of K-pop's BTS soar on market debutby Kang Jin-kyu Shares in the management agency of K-pop sensation BTS rocketed on their stock market debut Thursday, making an instant billionaire of its chairman and boosting the seven band members' own fortunes. BTS
Source: IndependentSG - 🏆 2. / 72 Read more »

Singapore stocks open lower, tracking US markets; STI down 0.5%SINGAPORE shares opened lower on Tuesday after US markets fell overnight amid dwindling hopes for a stimulus deal. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »