Business
ASX notches fourth straight weekly loss – The Australian Financial Review
The Australian sharemarket fell 1.1 per cent over the week, its fourth consecutive weekly decline. It’s the longest losing streak since March. The S&P/ASX200 Index fell 0.8 per cent on Friday as banks and miners weighed on the index. The tech sector had a bad…
The Australian sharemarket notched up its fourth consecutive weekly decline as stocks fell to an 11-week low on Friday.
The S&P/ASX Index fell 49.1 per cent, or 0.8 per cent, too 5859.4 points on Friday, delivering a weekly loss of 1.1 per cent. The four week stretch of declines is the longest since a losing streak that ran from late February to late March.
The weak end to the week followed negative overnight session on Wall Street as renewed selling hit the US technology sector. The Nas…
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