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2021-02-11

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Australian shares slip as tech stocks mirror Wall Street peers' losses

Feb 11 (Reuters) - Australian shares egded down on Thursday, as a slump in technology stocks followi

Australian shares slip as tech stocks mirror Wall Street peers' losses

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AMP also posted a 32% fall in annual profit.</p>\n<p>Healthcare stocks also fell about 0.7%, with <a href=\"https://laohu8.com/S/NAN.AU\">Nanosonics</a> dropping over 7.5% and Healius losing more than 2%.</p>\n<p>The gold index rose 3.8% to its highest since Jan. 28, after Newcrest Mining , the country's largest listed gold miner, posted a 98% rise in half-yearly underlying profit.</p>\n<p>Shares of Newcrest were set for their best session in eight months and were among top gainers on the ASX 200.</p>\n<p>Telstra Corp , the largest telecom company in Australia, strengthened 3.5% after the firm held its interim dividend at 8 cents per share and special dividend of 3 cents per share.</p>\n<p>The stock boosted the telecoms index over 1% to its highest since August 2017.</p>\n<p>New Zealand's benchmark S&amp;P/NZX 50 index slipped 0.5% to 12,770.63.</p>\n<p>Top losers were Meridian Energy and <a href=\"https://laohu8.com/S/VGL.AU\">Vista</a> Group , both falling about 2.5%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Australian shares slip as tech stocks mirror Wall Street peers' losses</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAustralian shares slip as tech stocks mirror Wall Street peers' losses\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-11 09:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Feb 11 (Reuters) - Australian shares egded down on Thursday, as a slump in technology stocks following overnight losses in their Wall Street peers outweighed gains in Newcrest Mining</p>\n<p>and Telstra on upbeat half-year reports.</p>\n<p>The S&amp;P/ASX 200 index slipped 0.09% to 6,850.60 by 0103 GMT. The benchmark closed 0.5% higher on Wednesday.</p>\n<p>Major indexes on Wall Street slipped from record levels in the last trading session, with U.S. tech giants Tesla , Amazon.com , Microsoft and Apple weighing the most on the S&amp;P 500 and Nasdaq indexes.</p>\n<p>The Australian tech sector followed suit, losing as much as 2.1%. The subindex was set for its worst day since Feb. 1.</p>\n<p>WiseTech Global and Afterpay Ltd shed more than 2% each.</p>\n<p>The heavyweight financial sector slipped 0.9% with three of the 'Big Four' banks trading in red.</p>\n<p>Wealth manager AMP Ltd fell as much as 10.7% to mark its biggest intraday percentage drop since July 31, after U.S.-based Ares Management withdrew its $4.5 billion buyout offer. AMP also posted a 32% fall in annual profit.</p>\n<p>Healthcare stocks also fell about 0.7%, with <a href=\"https://laohu8.com/S/NAN.AU\">Nanosonics</a> dropping over 7.5% and Healius losing more than 2%.</p>\n<p>The gold index rose 3.8% to its highest since Jan. 28, after Newcrest Mining , the country's largest listed gold miner, posted a 98% rise in half-yearly underlying profit.</p>\n<p>Shares of Newcrest were set for their best session in eight months and were among top gainers on the ASX 200.</p>\n<p>Telstra Corp , the largest telecom company in Australia, strengthened 3.5% after the firm held its interim dividend at 8 cents per share and special dividend of 3 cents per share.</p>\n<p>The stock boosted the telecoms index over 1% to its highest since August 2017.</p>\n<p>New Zealand's benchmark S&amp;P/NZX 50 index slipped 0.5% to 12,770.63.</p>\n<p>Top losers were Meridian Energy and <a href=\"https://laohu8.com/S/VGL.AU\">Vista</a> Group , both falling about 2.5%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2110704606","content_text":"Feb 11 (Reuters) - Australian shares egded down on Thursday, as a slump in technology stocks following overnight losses in their Wall Street peers outweighed gains in Newcrest Mining\nand Telstra on upbeat half-year reports.\nThe S&P/ASX 200 index slipped 0.09% to 6,850.60 by 0103 GMT. 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AMP also posted a 32% fall in annual profit.\nHealthcare stocks also fell about 0.7%, with Nanosonics dropping over 7.5% and Healius losing more than 2%.\nThe gold index rose 3.8% to its highest since Jan. 28, after Newcrest Mining , the country's largest listed gold miner, posted a 98% rise in half-yearly underlying profit.\nShares of Newcrest were set for their best session in eight months and were among top gainers on the ASX 200.\nTelstra Corp , the largest telecom company in Australia, strengthened 3.5% after the firm held its interim dividend at 8 cents per share and special dividend of 3 cents per share.\nThe stock boosted the telecoms index over 1% to its highest since August 2017.\nNew Zealand's benchmark S&P/NZX 50 index slipped 0.5% to 12,770.63.\nTop losers were Meridian Energy and Vista Group , both falling about 2.5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":355,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":3558101,"gmtCreate":1613121456216,"gmtModify":1680776727558,"authorId":3555618838812838,"author":{"id":3555618838812838,"authorId":3555618838812838,"name":"adamkok94","avatar":"https://static.tigerbbs.com/f265cbc13af25fd5c5d975aafa794402","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":388394620,"type":1,"supId":0,"prevId":0,"content":"like","text":"like","html":"like","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}