Australian shares were little changed on Tuesday, ahead of a central bank interest rate decision, while continuing US-China trade frictions kept most investors away from risky bets.[BENGAURLU] Australian shares were little changed on Tuesday, ahead of a central bank interest rate decision, while continuing US-China trade frictions kept most investors away from risky bets.
At 0203 GMT, The S&P/ASX 200 index was up 0.1 per cent to 6,583.10. The benchmark closed 0.4 per cent lower on Monday. The country's metals and mining sector, which are heavily dependent on China, lost as much as 0.4 per cent before recouping some losses to trade flat.Meanwhile, Papua New Guinea-focused Oil Search propelled the energy sub-index 0.3 per cent higher, despite a slump in global crude prices on demand concerns.
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Australia: Shares end down as new US-China tariffs trigger caution[SYDNEY] Australian shares, led by energy stocks, edged lower on Monday, with investors unsettled by the latest blows traded by the United States and China in their tariff war. Read more at The Business Times.
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Singapore shares retreat 0.8% on Monday as new tariffs kick inTHE Straits Times Index posted a 0.76 per cent or 23.56 point drop to close at 3,082.96. Read more at The Business Times.
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Europe: Shares rise in cautious trade, FTSE shines[LONDON] European shares opened higher on Monday, driven by a rally in miners, while sentiment remained fragile as the United States and China kicked off the latest round of tit-for-tat tariffs on each others goods. Read more at The Business Times.
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Malaysia: Shares open higher on TuesdayMALAYSIA share prices opened higher on Tuesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 0.67 points to 1,612.81 at 9am. Read more at The Business Times.
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Singapore shares decline at Tuesday's open; STI down 0.2% to 3,076.83SINGAPORE stocks opened weaker on Tuesday, with the Straits Times Index heading down 0.2 per cent or 6.13 points to 3,076.83 as at 9.08am, as trade fears continued to weigh on global markets. Read more at The Business Times.
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Singapore shares decline at Tuesday's open; STI down 0.2% to 3,076.83SINGAPORE - Singapore stocks opened weaker on Tuesday (Sept 3), with the Straits Times Index heading down 0.2 per cent or 6.13 points to 3,076.83 as at 9.08am, as trade fears continued to weigh on global markets.. Read more at straitstimes.com.
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