Australia shares set to edge lower at open; NZ down
Australian shares were poised to open
marginally lower on Monday following a sell-off in the previous
session, with the prospect of renewed trade tensions between the
United States and China likely to weigh on sentiment.
The local share price index futures fell 0.1% to
5,230, a 15.9-point discount to the underlying S&P/ASX 200 index
close. The benchmark ended 5% lower on Friday.
Across the Tasman Sea, New Zealand’s benchmark S&P/NZX 50
index
marginally lower on Monday following a sell-off in the previous
session, with the prospect of renewed trade tensions between the
United States and China likely to weigh on sentiment.
The local share price index futures fell 0.1% to
5,230, a 15.9-point discount to the underlying S&P/ASX 200 index
close. The benchmark ended 5% lower on Friday.
Across the Tasman Sea, New Zealand’s benchmark S&P/NZX 50
index
Posted by Reuters
