Australia shares seen edging higher, NZ flat
Australian shares were set to open
higher on Friday, with energy stocks the likely centre of
attention again, as oil prices climbed after major producers
decided to accelerate output cuts to offset waning demand due to
the coronavirus outbreak.
The local share price index futures had risen 0.2%
by 2224 GMT. The underlying S&P/ASX 200 index ended 0.1%
lower on Thursday.
New Zealand’s benchmark S&P/NZX 50 index was roughly
unchanged in earl
higher on Friday, with energy stocks the likely centre of
attention again, as oil prices climbed after major producers
decided to accelerate output cuts to offset waning demand due to
the coronavirus outbreak.
The local share price index futures had risen 0.2%
by 2224 GMT. The underlying S&P/ASX 200 index ended 0.1%
lower on Thursday.
New Zealand’s benchmark S&P/NZX 50 index was roughly
unchanged in earl
Posted by Reuters
