Business
Australian sharemarket weighed down by tech, gold stocks – NEWS.com.au
Australian sharemarket weighed down by tech, gold stocks
The Australian sharemarket started the week in the red, with tech stocks and gold miners among the losers, but energy producers were buoyed by higher oil prices.The S&P/ASX200 finished 0.9 per cent lower at 6697.2, while the All Ordinaries Index dropped 0.92 per cent to 6959.5.
CommSec analyst James Tao said the market failed to maintain momentum after two consecutive days of gains late last week and shrugged off Wall Street reaching record highs.
“Weighing quite heavily has been the performance…
-
General7 hours agoAlleged Croydon Park gunman Artemios Mintzas charged with 25 offences
-
Noosa News21 hours agoProtest calls for shark net removal
-
General20 hours agoThree youths in police custody after fire at Ashley Youth Detention Centre in northern Tasmania
-
Noosa News23 hours agoNew playground equipment encourages children to learn through ‘risky play’