Australian shares give up gains on fears of stricter COVID-19 restrictions | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Australian shares give up gains on fears of stricter COVID-19 restrictions

Victoria

Australian shares gave up early gains to close lower on Tuesday as a rise in coronavirus cases stoked concerns of a stricter lockdown, while data showed employment was hit due to restrictions placed earlier. The S&P/ASX 200 index fell 0.39% to 6,020.50 points at the close of trade, according to Reuters.