Australia shares dip as healthcare stocks weigh but miners cap losses [Reuters]
BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP)
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Source: Reuters
Australia shares dip as healthcare stocks weigh but miners cap losses - Reuters 3 Min Read * Healthcare firm CSL biggest drag on the index * Miners make a comeback from Monday’s losses * Challenger the top percentage gainer on the benchmark By Nikhil Nainan Aug 13 (Reuters) - Australian shares edged lower on Tuesday as losses among heavyweight healthcare stocks outweighed gains in the mining sector. The S&P/ASX 200 index was trading at 6,576.1 by 0215 GMT, down 0.2%, following a negative lead from the United States. The index had gained 0.1% on Monday. U.S. stocks dropped in a broad sell-off overnight as tensions, including the Sino-U.S. trade war and Argentina’s peso crash, spooked equity investors and sent them to the relative safety of gold or bonds. Michael McCarthy, chief market strategist at CMC Markets Australia, said there was a big lift in trading volumes after several Asian markets were closed for holidays on Monday. “The surge in volume suggests we are seeing dip buyers mov
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