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Coronavirus
LOW Source: covid.gov.pk
Pakistan Deaths
28,252
2424hr
Pakistan Cases
1,263,664
89324hr
1.7% positivity
Sindh
465,175
Punjab
437,572
Balochistan
33,114
Islamabad
106,402
KPK
176,650

SYDNEY: Australian shares fell for a third consecutive session on Wednesday, weighed down by iron ore miners due to a plunge in Dalian prices, while a2 Milk led New Zealand stocks higher following an upbeat quarterly report from a smaller dairy firm.

Iron ore-focused miners Fortescue Metals Group and Rio Tinto fell more than 5% and 3%, respectively, after prices of the steel-making ingredient tumbled over 4% in China.

The benchmark ASX 200 dipped 0.1% to 7,272.5, also weighed down by a more than 1% drop in the country’s top two lenders.

Second-tier lender Bank of Queensland fell 4.3% after warning that its margins in the coming year would decline due to stiff competition and a low interest rate environment.

Star Entertainment rebounded 6.5%, after losing a quarter of its value in just two sessions on worries that governance concerns would result in even tighter regulatory scrutiny that has plagued the sector and especially its larger rival Crown Resorts.

Star looked to calm nerves in an after-market announcement on Tuesday, saying it had taken measures to address a confidential report by KPMG that showed failings to rein in money laundering and fraud at its two resorts.

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