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Coronavirus
VERY HIGH
Pakistan Deaths
16,453
13724hr
Pakistan Cases
766,882
544524hr
Sindh
273,466
Punjab
273,566
Balochistan
21,000
Islamabad
70,609
KPK
107,309

imageSYDNEY: Australian shares sea-sawed before finishing higher on Monday as hopes of a rate cut on Tuesday eclipsed concerns about the bank sector earnings after the No.2 lender posted a disappointing interim result.

Westpac Banking Corp missed forecasts with a flat first-half profit and its dividend grew at its slowest in nearly four years, leading to concerns its rivals will show similar strain when they report over the next week.

The S&P/ASX 200 index fell as much as 0.4 percent before recovering in the afternoon session to end up 13.1 points or, 0.2 percent, at 5827.5.

New Zealand's benchmark NZX 50 index fell 0.5 percent or 30.3 points to finish the session at 5767.1.

Copyright Reuters, 2015