Australia shares poised to open lower, NZ down
Australian shares are set to open lower
on Wednesday as fears of a global deceleration is expected to
weigh on investors despite recent signs of economic stimulus
from major economies.
The local share price index futures fell 0.7%, a
91-point discount to the underlying S&P/ASX 200 index
close. The benchmark rose 1.2% on Tuesday.
New Zealand’s benchmark S&P/NZX 50 index fell 1.4%
to 10,651.07 in early trade.
on Wednesday as fears of a global deceleration is expected to
weigh on investors despite recent signs of economic stimulus
from major economies.
The local share price index futures fell 0.7%, a
91-point discount to the underlying S&P/ASX 200 index
close. The benchmark rose 1.2% on Tuesday.
New Zealand’s benchmark S&P/NZX 50 index fell 1.4%
to 10,651.07 in early trade.
(Reporting by Shreya Mariam Jo
Posted by Reuters
