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Australia Stocks fall to 7-week low

Capital Market 

Australian closed session at seven week low on Wednesday, 17 May 2017, as disappointing wage growth and consumer confidence data hurt sentiment. Most of the ASX sectors declined with financial issue being major loser. The S&P/ASX 200 index slipped 1.1%, or 64.518 points, to 5,786 at the close of trade, to its lowest settlement since 27 March 2017.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 17 2017. 17:47 IST