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2021-07-15
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Australia shares slip as 'buy now, pay later' stocks extend losses
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The benchmark ended 0.3% higher on Wednesday.</p>\n<p>Elsewhere, Japan's Nikkei was down 0.4% and S&P 500 E-minis futures were down 0.1%.</p>\n<p>Technology stocks fell as much as 1.6%, with aerial imagery firm <a href=\"https://laohu8.com/S/NEA.AU\">Nearmap</a> Ltd and software firm <a href=\"https://laohu8.com/S/NXL.AU\">Nuix</a> Ltd dropping 2.9% and 2%, respectively.</p>\n<p>\"Buy now, pay later\" firm Afterpay Ltd dropped 3.7% and <a href=\"https://laohu8.com/S/Z1P.AU\">Zip</a> Co Ltd fell as much as 4%, a day after a report said Apple could be set to enter the space.</p>\n<p><a href=\"https://laohu8.com/S/SYDDF\">Sydney Airport</a> Holdings Pty Ltd fell as much as 1.9% after it rejected a A$22.26 billion ($16.6 billion) takeover proposal from a group of infrastructure funds.</p>\n<p>Authorities are rushing to track close contacts of several positive COVID-19 cases in <a href=\"https://laohu8.com/S/VCCTF\">Victoria</a> linked to Sydney's Delta variant outbreak amid concerns of a major flare-up in infections and further tough restrictions.</p>\n<p>Miners, meanwhile, added 0.6% and were on track to record a fourth consecutive session of gains. <a href=\"https://laohu8.com/S/RIO.AU\">Rio Tinto Ltd</a> rose 0.4% ahead of its quarterly production report on Friday.</p>\n<p>Gold miners gained on the back of higher bullion prices, with Newcrest Mining adding 0.7%.</p>\n<p>Shares of Australia's top independent gas producer Woodside Petroleum dropped 1.7%.</p>\n<p>Woodside reported a 67% increase in sales revenue for the second quarter, helped by higher realised prices for natural gas and oil as global demand recovers.</p>\n<p>New Zealand's benchmark S&P/NZX 50 index was flat at 12,715.73, a day after the country's central bank announced a halt to its pandemic-induced quantitative easing programme.</p>\n<p>(Reporting by Harish Sridharan in Bengaluru; editing by Vinay Dwivedi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Australia shares slip as 'buy now, pay later' stocks extend losses</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; 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The benchmark ended 0.3% higher on Wednesday.</p>\n<p>Elsewhere, Japan's Nikkei was down 0.4% and S&P 500 E-minis futures were down 0.1%.</p>\n<p>Technology stocks fell as much as 1.6%, with aerial imagery firm <a href=\"https://laohu8.com/S/NEA.AU\">Nearmap</a> Ltd and software firm <a href=\"https://laohu8.com/S/NXL.AU\">Nuix</a> Ltd dropping 2.9% and 2%, respectively.</p>\n<p>\"Buy now, pay later\" firm Afterpay Ltd dropped 3.7% and <a href=\"https://laohu8.com/S/Z1P.AU\">Zip</a> Co Ltd fell as much as 4%, a day after a report said Apple could be set to enter the space.</p>\n<p><a href=\"https://laohu8.com/S/SYDDF\">Sydney Airport</a> Holdings Pty Ltd fell as much as 1.9% after it rejected a A$22.26 billion ($16.6 billion) takeover proposal from a group of infrastructure funds.</p>\n<p>Authorities are rushing to track close contacts of several positive COVID-19 cases in <a href=\"https://laohu8.com/S/VCCTF\">Victoria</a> linked to Sydney's Delta variant outbreak amid concerns of a major flare-up in infections and further tough restrictions.</p>\n<p>Miners, meanwhile, added 0.6% and were on track to record a fourth consecutive session of gains. <a href=\"https://laohu8.com/S/RIO.AU\">Rio Tinto Ltd</a> rose 0.4% ahead of its quarterly production report on Friday.</p>\n<p>Gold miners gained on the back of higher bullion prices, with Newcrest Mining adding 0.7%.</p>\n<p>Shares of Australia's top independent gas producer Woodside Petroleum dropped 1.7%.</p>\n<p>Woodside reported a 67% increase in sales revenue for the second quarter, helped by higher realised prices for natural gas and oil as global demand recovers.</p>\n<p>New Zealand's benchmark S&P/NZX 50 index was flat at 12,715.73, a day after the country's central bank announced a halt to its pandemic-induced quantitative easing programme.</p>\n<p>(Reporting by Harish Sridharan in Bengaluru; editing by Vinay Dwivedi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151546284","content_text":"July 15 (Reuters) - Australian shares edged lower on Thursday as \"buy now, pay later\" stocks, including Afterpay, extended their fall to a second day on report of technology giant Apple Inc entering the sector.\nThe S&P/ASX 200 index slipped 0.1% to 7347.8 points by 0053 GMT. The benchmark ended 0.3% higher on Wednesday.\nElsewhere, Japan's Nikkei was down 0.4% and S&P 500 E-minis futures were down 0.1%.\nTechnology stocks fell as much as 1.6%, with aerial imagery firm Nearmap Ltd and software firm Nuix Ltd dropping 2.9% and 2%, respectively.\n\"Buy now, pay later\" firm Afterpay Ltd dropped 3.7% and Zip Co Ltd fell as much as 4%, a day after a report said Apple could be set to enter the space.\nSydney Airport Holdings Pty Ltd fell as much as 1.9% after it rejected a A$22.26 billion ($16.6 billion) takeover proposal from a group of infrastructure funds.\nAuthorities are rushing to track close contacts of several positive COVID-19 cases in Victoria linked to Sydney's Delta variant outbreak amid concerns of a major flare-up in infections and further tough restrictions.\nMiners, meanwhile, added 0.6% and were on track to record a fourth consecutive session of gains. Rio Tinto Ltd rose 0.4% ahead of its quarterly production report on Friday.\nGold miners gained on the back of higher bullion prices, with Newcrest Mining adding 0.7%.\nShares of Australia's top independent gas producer Woodside Petroleum dropped 1.7%.\nWoodside reported a 67% increase in sales revenue for the second quarter, helped by higher realised prices for natural gas and oil as global demand recovers.\nNew Zealand's benchmark S&P/NZX 50 index was flat at 12,715.73, a day after the country's central bank announced a halt to its pandemic-induced quantitative easing programme.\n(Reporting by Harish Sridharan in Bengaluru; editing by Vinay Dwivedi)","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/144738520"}
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