Australian shares set for fall on global cues, China worries

July 26, 2015 11:06 PM

31 0

SYDNEY, July 27 Australian shares are poised to fall on Monday as investors react to Friday's sell-off on U.S. stock markets, concerns about China's economic growth and weakness in global commodities.

Materials and energy sectors are likely to be gloomy after weaker-than-expected economic data from China, Australia's No. 1 trading partner, and the euro zone raised concerns about global growth. Oil prices hit their lowest levels since March. The local share price index futures fell 0.9 percent, a ...

Also read: Man killed in fall at Denver Broncos’ stadium

Read more

To category page