Australian shares slip as mining losses offset bank gains
Australian shares dropped on Friday, as a decline in mining stocks on softer commodity prices outweighed gains in banks, while escalating Houthi attacks on Saudi Arabia fuelled risk-off sentiment. The S&P/ASX 200 index fell 0.4% to 8,762.80 by 0104 GMT. The b...
Australian shares dropped on Friday, as a decline in mining stocks on softer commodity prices outweighed gains in banks, while escalating Houthi attacks on Saudi Arabia fuelled risk-off sentiment. The S&P/ASX 200 index fell 0.4% to 8,762.80 by 0104 GMT. The benchmark is set for its first weekly drop in four weeks. Tensions in the Gulf escalated with fighting between Saudi Arabia and Yemen’s Houthis intensifying, rai...