Australian shares rise on slowing coronavirus spread; NZ retreats [Reuters]
Westpac Banking Corporation (WBK)
US:NYSE Investor Relations:
westpac.com.au/about-westpac/investor-centre
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Source: Reuters
Australian shares rise on slowing coronavirus spread; NZ retreats * Australia’s benchmark stock index up 3% * Financials, miners lead gains; CBA up 2% * New Zealand benchmark index down over 1% * Auckland Int’l Airport to raise up to $704 mln By Sameer Manekar April 6 (Reuters) - Australian shares rose more than 3% on Monday, driven by financials and miners, as hopes of a levelling-off of the coronavirus crisis in the United States and a slowing rate of daily new cases in Australia fuelled positive sentiment. The S&P/ASX 200 index was up 3.2% at 5,227.5 by 0035 GMT after Friday’s 1.7% drop. U.S. stock futures climbed more than 1.5% in early Asian trading after U.S. President Donald Trump expressed hope the country was seeing a “levelling off” of the virus crisis. In Australia, confirmed cases rose to 5,687 by Sunday afternoon, suggesting that the daily rate of infections was below 5%, about a fifth of what the country experienced in mid-March. The death toll rose to 34. A slowdown in
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