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Downer wipes down this year’s gains: Aus shares close 0.7% lower

29 May 2019 – ASX fell into the red at the open on US bank stocks & yields falling on Trump’s latest new tariff threats. Downer (ASX:DOW) shares lost most of 2019’s gains weighing on ASX200 today. New Energy Solar (ASX:NEW) declares distribution of 3.9c/share. Telstra (ASX:TLS) increases cost guidance. BOQ (ASX:BOQ) Chairman to retire. Daily market wrap.

Source: Finance News Network

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