Australia Stock Market Today: ASX 200 Stalls Near 9,000 as NAB Slides, Oil Shock Keeps Traders on Edge. (Indo Premier)
Australian shares edged up 0.1% to 8,953.30 Monday, as gains in gold miners and consumer stocks offset losses in banks and energy. Energy shares fell 3% after Viva Energy warned of reduced output at its Geelong refinery. National Australia Bank lifted loan loss provisions to A$706 million, citing higher fuel costs. Consumer sentiment dropped 12.5% in April to a two-year low.