Australia Shares Fall 1.4%; All Sectors in Red -- Market Talk

Dow Jones04-26

0632 GMT - Australia's S&P/ASX 200 ended down 1.4% at 7575.9, with broad-based losses dragging the benchmark down in the final session of the week. All 12 sectors ended the day in the red, with industrials leading the losses, falling 2.2%. Fund manager Magellan was the poorest performer, falling 5.1%. Fellow money managers Platinum and Perpetual dropped 5.3% and 2.2%, respectively, while GQG gained 0.8%. The materials sector fell 1.4%. BHP, which closed 4.6% lower, was a drag, with copper miner Anglo American rejecting the mining giant's takeover offer in the afternoon. The major banks fell between 1.4% and 1.9% as uncertainty over the timing of interest-rate cuts continues. The ASX 200 ended the holiday-shortened week 0.1% higher. (alice.uribe@wsj.com)

(END) Dow Jones Newswires

April 26, 2024 02:32 ET (06:32 GMT)

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All 12 sectors ended the day in the red, with ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XKO.AU","symbol_name":"标普/澳交所 300指数","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2430212157","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2430212157","pubTimestamp":1714113120,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0632 GMT - Australia's S&P/ASX 200 ended down 1.4% at 7575.9, with broad-based losses dragging the benchmark down in the final session of the week. 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