Australia: Shares up on fewer new virus cases, NewZealand rises to 6-month high
Evolution Mining climbed to its highest since July 23 as the gold miner resumed operations at its Red Lake Gold Mine in Canada which were temporarily suspended on Aug 12 following a nearby forest fire.Shares of sub-index heavyweights, Afterpay and Xero surged over 2.5 per cent each.
Mining stocks gained 1.5 per cent as the Dalian benchmark contract extended gains into a third session on upbeat demand prospects in top steel producer China. BHP Group eked out gains of nearly 0.1 per cent even as the world's largest listed miner reported a lower-than-expected annual profit and also warned of a slowing economic growth outside China.The country's second biggest lender, Westpac Banking Corp fell 3.7 per cent as it scrapped interim dividend citing ongoing uncertainty caused by the coronavirus crisis.
Supported by healthcare and real-estate stocks, the New Zealand's benchmark S&P/NZX 50 index, advanced 1.4 per cent to its highest since Feb 24. Fisher & Paykel Healthcare Corp climbed 6 per cent to a record high, while Argosy Property jumped over 4 per cent.For daily updates on weekdays and specially selected content for the weekend. Subscribe to
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