SYDNEY: Australian stocks ended lower on Tuesday as S&P/ASX 200 index was a mere 0.1 per cent lower at 5,302.7 by 0321 GMT. Earlier, the benchmark index was down 0.5 per cent.
Market sentiment improved after China’s economic growth held steady at 7.3 per cent in the fourth quarter from a year earlier, beating forecasts for 7.2 per cent. “It certainly helped the materials space on the Aussie market, but all in all the market has taken the data in its stride, which in my view is a little bit disappointing,” said Evan Lucas, market strategist at IG.
China’s growth for all of 2014 slowed to 7.4 per cent, Tuesday’s data also showed, below the government’s 7.5 per cent target and the weakest expansion in 24 years.
European stock markets slide at open 25 june 2018
London:Europe's main stock markets dropped 0.7 percent in opening deals on Monday, as investors worried over the festering global trade...
