Australia shares poised to edge higher; NZ down
March 30, Reuters – Australian shares are likely to inch
higher on Monday as a slowdown in the country’s growth rate of
coronavirus cases will likely provide some respite to investor
sentiment, while the downward pressure from the epidemic’s
impact on firms may weigh.
The daily rate of the spread of the coronavirus in Australia
had halved in recent days to about 13% to 15%, health officials
said on Sunday, adding that social distancing measures had
helped to slow the outbreak.
higher on Monday as a slowdown in the country’s growth rate of
coronavirus cases will likely provide some respite to investor
sentiment, while the downward pressure from the epidemic’s
impact on firms may weigh.
The daily rate of the spread of the coronavirus in Australia
had halved in recent days to about 13% to 15%, health officials
said on Sunday, adding that social distancing measures had
helped to slow the outbreak.
Posted by Reuters





