Stock Trading News – Australia Falls on Woodside – Wall Street Journal
SINGAPORE — Asian stock markets were lower Monday with Australian stocks hit by selling to participate in a share sale by Woodside Petroleum . The focus for markets this week will be on a host of central bank policy meetings, led by the Federal Reserve, the Bank of Japan and others in Sweden and Philippines, said Greg Gibbs, currency strategist at RBS in Sydney. In Tokyo, the Bank of Japan’s tankan survey failed to inspire as it provided mixed signals with the better-than-expected headline diffusion index and weak capital expenditure gauge offsetting each other, said Daiwa Securities SMBC market analyst Yumi Nishimura. The group’s largest shareholder, Royal Dutch Shell , will take up its entitlement in full and invest a further A$862 million in the company’s shares to retain its 34% stake. Write to Shri Navaratnam at shri. To view or change all of your email settings, visit the Email Setup Center . read more
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