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 clos

Editorial Team Legacy

Published 28 July 2020, 8:00 · Updated 21:40

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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.

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