Australian shares end flat as financials counter energy sector boost

Reuters
2025.11.17 06:18
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Australian shares closed flat near four-month lows as declines in major banks offset gains in the energy sector. The S&P/ASX 200 index remained at 8,635.40 points. Financials fell 0.2%, with Commonwealth Bank of Australia down nearly 1% and Macquarie down 2.3%. Energy stocks rose 1.1%, led by Woodside. Analysts at Citi are optimistic about ANZ and Westpac. Discretionary stocks ended up 0.2%. New Zealand's S&P/NZX 50 index rose 0.3%.

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