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Australia, NZ shares end higher but post biggest weekly loss since Feb

Published 17/06/2016, 04:42 pm
© Reuters.  Australia, NZ shares end higher but post biggest weekly loss since Feb
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Melbourne, June 17 (Reuters) - Australian shares ended up 0.3 percent on Friday, but posted their biggest weekly loss since February as markets remained stuck in a holding pattern ahead of Britain's vote over whether it would leave the European Union. S&P/ASX 200 index .AXJO closed 16.7 points higher at 5,162.70, down nearly 3 percent for the week. The benchmark finished flat on Thursday when it plumbed the weakest level in nearly two months at 5,141.0.

New Zealand's benchmark S&P/NZX 50 index .NZ50 slipped by 0.6 percent, or 41.5 points, to finish at 6,847. It also logged its biggest loss in four months at 1.8 percent.

(Melanie Burton; Editing by Anupama Dwivedi)

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