Australia shares end lower as miners drag on China power concerns



* Energy stocks track crude higher

* Miners down on demand worries

* NZX 50 fell 0.4% (Updates to close)

Sept 28 (Reuters) - Australian shares ended lower on Tuesday, dragged down by heavyweight miners, as investors weighed the potential impact of a widening power shortage in China.

The S&P/ASX 200 index .AXJO fell 1.47% to finish the session at 7,275.6 points, wiping out nearly all the gains made last week. The benchmark closed 0.57% higher on Monday.

Australia's top trading partner China is in the grip of a power crunch, which has halted production at several factories, including many that supply components to Apple AAPL.O and Tesla TSLA.O .

That led to major Australian miners .AXMM falling 2.6%, as iron ore and base metal prices slipped on worries about demand.

The country's big mining triumvirate, BHP Group BHP.AX , Rio Tinto RIO.AX and Fortescue Metals FMG.AX , skidded between 2.3% and 5.6%.

Technology stocks .AXIJ fell 2.85%, tracking Wall Street's tech-heavy Nasdaq Composite Index .IXIC , which fell 0.52% overnight

Heavyweight software as a service firm Xero Ltd XRO.AX led losses on the sub-index, falling 6.4%, followed by data centre operator NEXTDC Ltd NXT.AX losing 4.8%.

Energy shares .AXEJ were a bright spot, soaring 4.34% to hit over three months high as oil prices extended their rally into a sixth session on Tuesday amid continued concerns over tight supply.

Beach Energy Ltd BPT.AX and Oil Search Ltd OSH.AX led gains on the sub-index, advancing 10.5% and 7.1%, respectively.

Australian retail sales fell 1.7% in August to A$29.3 billion ($21.27 billion), but beat market forecasts of a 2.5% slide.

New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.4% to finish the session at 13174.4 points. ($1 = 1.3778 Australian dollars)
Reporting by Riya Sharma in Bengaluru; Editing by Ramakrishnan M.

免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。

所有缐上交易平台所發佈的資料,僅適用於教育/資訊類用途,不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議,或是交易價格紀錄,或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。

本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。

我們運用 cookies 提供您最佳之網頁使用經驗。更改您的cookie 設定跟詳情。

風險提示: 您的資金存在風險。杠杆商品可能不適合所有客戶。 請詳細閱讀我們的風險聲明