Stock & Shares

Australia, NZ: Shares end lower as markets wary before US jobs data


Australian shares ended lower on Friday as investors took some money off the table before the US jobs data which could influence the timing of the next Federal Reserve rate hike.

The S&P/ASX 200 index nudged 15.6 points or 0.29 per cent lower, ending at 5,467.4.

The index rose 0.58 per cent this week, continuing gains for a third week.

Losses were across industrials, telecommunications and a few other sectors but price moves were tentative ahead of the US jobs data.

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The author Paul