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July 30 (Reuters) - Australian shares closed lower on Friday as tech and energy stocks fell, and power retailer Origin Energy dropped over 7% after warning of a steep fall in earnings for the next two financial years.
The S&P/ASX 200 index ended 0.3% lower at 7,392.6 points, and was flat for the week. The index, however, gained more than 1% in July, marking its 10th straight monthly advance and the longest monthly winning streak since 2007.
“The monthly gain exhibits a good track record for Aussie shares . over the week we have remained pretty steady despite the spiking virus cases as participants seem to be tracking Wall Street’s recent performance,” said Steven Daghlian, a market analyst at CommSec.
Buy-now, pay-later firms capped gains NZX 50 down 0.5% (Updates to close)
July 14 (Reuters) - Australian shares closed higher on Wednesday, outweighing any investor concerns after a lockdown was extended in the country’s most populous city, with heavyweight gold miners helping offset turmoil in the buy-now, pay-later sector.
The S&P/ASX 200 index rose 0.31% to 7,354.7 points, with all sectors except buy-now, pay-later in the black.
Lockdown in Sydney was extended by two weeks after a rise in new COVID-19 cases with total infections across the harbour city nearing 900.
“The market was not very fazed after the announcement of lockdown extension in Sydney but if the lockdowns persist any further than that, whatever economic recovery the country has made will be reversed,” Steven Daghlian, market analyst at CommSec said.
Australia shares: ASX 200 shares end higher as Australia gold miners shine indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Global shares hold near highs as investors await U.S. jobs data Reuters 12 hrs ago
By Andrew Galbraith
SHANGHAI (Reuters) - The MSCI global share index hovered near record highs and Asian shares rose on Wednesday after strong consumer confidence lifted U.S. shares, but investor caution ahead of U.S. jobs data and around rising virus cases capped gains.
European shares were set for a lower open. Pan-region Euro Stoxx 50 futures fell 0.24%, German DAX futures were down 0.17% and France s CAC 40 futures slipped 0.13%. FTSE futures lost 0.19%. MSCI s global share index was flat set for a fifth straight month of gains a day after hitting an all-time high. MSCI S index tracking Asian shares outside Japan was set for a small monthly loss, but still on course for a fifth straight quarterly rise, its longest such streak since 2006-2007.
Global shares hold near highs as investors await U S jobs data reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.