A resurgent banking sector helped offset losses in mining and energy shares. -AAP Image
Australia's share market has clawed back some early losses for a flat finish in what is shaping up to be a quiet week for the exchange.
Hold tight - we’re checking permissions before loading more content
The S&P/ASX200 fell 0.4 points on Thursday, down less than 0.01 per cent, to 8,840.7, as the broader All Ordinaries rose 2.3 points, or 0.03 per cent, to 9,036.9.
BHP weighed heavily on the bourse with a 2.3 per cent drop after its copper guidance missed forecasts, but a resurgent banking sector helped cap the losses as CommBank rallied more than 1.8 per cent to $173.13, its best price since May.
The Australian dollar is buying 69.95 US cents, up from 69.86 US cents as a softer US interest rate outlook subdues the greenback after its recent surge on safe-haven buying.
8°C