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Stock impact report

Australia shares subdued as trade tensions weigh; NZ recovers [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 subdued as trade tensions weigh; NZ recovers - Reuters 3 Min Read * Sentiment remains fragile amid trade tension * Aussie trade volumes remain low * Iron ore miners recover, gold stocks drop By Rashmi Ashok May 15 (Reuters) - Australian shares inched up in light trade on Wednesday as investors remained cautious despite U.S. President Donald Trump downplaying rising trade tensions with China. Trading volumes were at a fraction of their thirty day average, suggesting that many investors were sidelined in the wake of the recent ratcheting up of U.S.-China trade tensions. The S&P/ASX 200 index added 4.70 points or 0.1% to 6,244.60 by 0041 GMT. The index had fallen 0.9% to a month’s low in the previous session. Trump on Tuesday downplayed the U.S.-China trade war as “a little squabble”, insisting that trade talks had not collapsed. “Sentiment remains fragile and subject to the whims of trade headlines on either news tickers or social media accounts,” Jeffrey Halley, Senior Show less Read more
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