Australian shares end flat

Reuters Updated - January 24, 2018 at 02:58 PM.

Australia’s share market ended flat on Tuesday with gains in the big four banks offset by losses in energy stocks as weak oil prices kept the sector under pressure.

The S&P/ASX 200 index closed down 0.03 per cent or 1.44 points at 5,307.70.

Earlier in the session, the benchmark index fell as much as 0.5 per cent, but quickly trimmed losses after data showed China’s economic growth did not slow as much as feared.

New Zealand’s benchmark NZX 50 index eased 0.1 per cent or 4.92 points to finish at 5,633.22.

Published on January 20, 2015 05:50