Business
ASX pummelled as European lockdowns rattle markets – The Australian Financial Review
Australian shares endured another sell-down as the fallout from the return to nationwide restrictions in Europe’s two largest economies reverberated around global…
“Many economies are passing the V of their rebounds and the pace of their recoveries was never going to be sustainable. This does not mean the recovery is over, but it may be flatter and bumpier.”
Concerns about the hit to global consumption hit energy prices, which saw local oil and gas companies sold off. Senex shares fell 3.2 per cent to 30.5¢, Oil Search lost 5.1 per cent to close at $2.60 and Santos shares ended the session 5 per cent lower at $4.76.
Local travel stocks were caught in the restrictions-driven…
-
General6 hours agoAustralian celebrity chef Peter Russell-Clarke dies aged 89
-
Noosa News24 hours agoBrisbane’s original 1979 electric trains take one last journey
-
General22 hours agoParis opens River Seine for public swimming for first time since 1923
-
General20 hours agoDr Daniel Hunt, Michael Long and Christine Anu celebrated at 50th NAIDOC Week Awards