Australia & NZ shares join international retreat on ECB disappointment

(Updates to close)

SYDNEY Dec four Australian and New Zealand shares ended decrease on Friday in line with a selloff in worldwide markets right after the European Central Bank failed to impress with its latest round of policy easing.

The S&P/ASX 200 index closed 76.12 points, or 1.five percent, reduce at five,151.60. On the week, it was down 1 percent, posting a second week of losses.

New Zealand’s benchmark S&P/NZX 50 index shed 30.85 points, or .50 percent, to six,094.82. It eased .10 percent on the week. (Reporting by Ian Chua Editing by Shri Navaratnam)