Australian shares slip to four-month low as banks, miners tumble

Reuters
2025.11.18 00:44
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Australian shares hit a four-month low, with the S&P/ASX 200 index down 0.7% due to declines in financials and miners. Commonwealth Bank of Australia fell nearly 2%, while Westpac and National Australia Bank also declined. Miners dropped 1%, affected by weak copper and gold prices. Technology stocks fell 4.2%, with TechnologyOne down 9%. The Reserve Bank of Australia's minutes suggest potential policy easing. New Zealand's S&P/NZX 50 index fell 0.4%.

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