Business Standard

Australia Market falls on profit booking

Image

Capital Market
Australian share market closed down on Tuesday, 10 January 2017, weighed down on profit booking after the Australian financial shares hit 20-months peak previous day. Australian financial market jumped as much as 20% since Nov. 9, when Donald Trump's surprise victory triggered a surge in global stocks amid a wave of optimism that global growth will improve. At the closing bell, the benchmark S&P/ASX 200 index declined 46.70 points, or 0.8%, to 5760.70, while the broader All Ordinaries index shed 44.70 points, or 0.76%, to close at 5813.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 10 2017 | 5:07 PM IST

Explore News