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Australian shares close at record highs on banking boost; miners slip 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.
Australian shares close at record highs on banking boost; miners slip 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.
Nuix worst performer in the benchmark index Gold stocks gain on higher bullion prices (Updates to close) May 31 (Reuters) - Australian shares retreated on Monday after hitting a record high earlier in the session, as COVID-19 cases in the populous state of Victoria continued to swell while investors awaited signs of hawkishness in the central bank meeting due this week. The S&P/ASX 200 index, which crossed the 7,200 mark for the first time ever, closed 0.3% lower at 7,161.6. The index secured an eighth straight monthly gain in May. Victoria, the epicentre of Australia’s latest coronavirus hotspot, reported 11 new cases of community transmission, taking the current cluster to 51. The state’s Acting Premier James Merlino warned that the next few days will be “critical”. ....