Australia shares set to edge up at open, NZ slips
Australian shares are likely to open
marginally higher on Wednesday as investors draw relief from a
rebound in commodities prices and news the coronavirus outbreak
may be over by April.
The local share price index futures rose 0.1%, a
55.3-point discount to the underlying S&P/ASX 200 index
close. The benchmark rose 0.6% on Tuesday.
New Zealand’s benchmark S&P/NZX 50 index fell about
0.1% in early trade, ahead of the central bank’s cash rate
marginally higher on Wednesday as investors draw relief from a
rebound in commodities prices and news the coronavirus outbreak
may be over by April.
The local share price index futures rose 0.1%, a
55.3-point discount to the underlying S&P/ASX 200 index
close. The benchmark rose 0.6% on Tuesday.
New Zealand’s benchmark S&P/NZX 50 index fell about
0.1% in early trade, ahead of the central bank’s cash rate
Posted by Reuters
