Australia shares: Australia shares slip after government scraps vaccination targets
The S&P/ASX 200 index slipped 0.3 per cent to 6,974, closing lower for the second straight session. Last week, it had posted its best weekly performance in nine.
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The S&P/ASX 200 index slipped 0.3 per cent to 6,974, closing lower for the second straight session. Last week, it had posted its best weekly performance in nine.
Australian shares closed lower on Monday, weighed down by travel and mining stocks, after the federal government abandoned its COVID-19 vaccination targets following a shift in stance over AstraZeneca's shot last week.
Australian shares fell more than 2% on Thursday in their worst session in nearly five months, as investors fled riskier assets following overnight volatility on Wall Street after the U.S. Federal Reserve flagged a potential slowdown in economic recovery.
[BENGALURU] Australian shares fell more than 2 per cent on Thursday in their worst session in nearly five months, as investors fled riskier assets following overnight volatility on Wall Street after the US Federal Reserve flagged a potential slowdown in economic recovery. Read more at The Business Times.
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