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Stock impact report

Australia shares end week lower, hurt by weak China data; NZ down [Reuters (UK)]

BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP) 
US:NYSE Investor Relations: bhp.com/investor-centre
Company Research Source: Reuters
Australia shares end week lower, hurt by weak China data; NZ down | Reuters 3 Min Read * China data weighs * Benchmark’s biggest weekly drop since Nov 16 * Gold stocks buck the trend (Updates to close) By Nikhil Subba Dec 14 (Reuters) - Australian shares skidded on Friday as data in China showed the economy of the Pacific nation’s biggest trading partner losing further momentum, underlining the risks to global growth from the Sino-U.S. trade dispute. The S&P;/ASX 200 index fell 1.1 percent to close at 5,602. The benchmark declined 1.4 percent this week, its biggest weekly drop since mid-November, after the index hit a two-year low earlier on Monday. The gloomy data from China triggered a broad risk-off mode in regional markets, with the MSCI’s broadest index of Asia-Pacific shares outside Japan tumbling 1.4 percent. China reported sharply weak November retail sales and industrial output growth numbers as demand softened further, heaping pressure on Beijing to defuse its trade dispute Show less Read more
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