Australian Stocks Fall 0.8%

Dow Jones
Jul 30

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Australia slipped Thursday, as the S&P/ASX 200 Benchmark Index fell 0.8% to 8967.70.

Among local companies with a market cap of at least 15 billion Australian dollars ($10.43 billion), Northern Star Resources was the biggest laggard, dropping 3.3%, followed by shares of Evolution Mining, which declined 3.1%. Shares of Qantas Airways fell 3.0%.

Brambles was the biggest leader during the session, gaining 1.1%, and National Australia Bank gained 0.8%. Santos rounded out the top three movers, as shares climbed 0.8%.

On the currency front, the WSJ Dollar Index increased 0.1% to 97.28. The U.S dollar held steady against the Australian dollar at 1.44 Australian dollars.

In the bond markets, the 10-year Australian government bond yield rose 7.66 basis points to 5.007%.

Data source: Dow Jones Market Data, FactSet

 

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