Australian shares poised to open lower; NZ edges higher
Australian shares were set to drop at
Wednesday’s open to snap a six-day winning streak which saw the
index gain more than 6%, after the week’s global equity rally
lost some steam.
The local share price index futures fell 1.4%, a
46.9-point discount to the underlying S&P/ASX 200 index
close. The benchmark on Tuesday climbed 2.4% to its highest
close in over three months.
New Zealand’s benchmark S&P/NZX 50 index edged 0.2%
higher in early
Wednesday’s open to snap a six-day winning streak which saw the
index gain more than 6%, after the week’s global equity rally
lost some steam.
The local share price index futures fell 1.4%, a
46.9-point discount to the underlying S&P/ASX 200 index
close. The benchmark on Tuesday climbed 2.4% to its highest
close in over three months.
New Zealand’s benchmark S&P/NZX 50 index edged 0.2%
higher in early
Posted by Reuters
