Australia shares set to open little changed; New Zealand up
Australian shares are expected to open
steady on Thursday, as gains in the mining sector on the back of
firm base metal prices are likely to be capped by declines in
energy stocks.
Benchmark copper on the London Metal Exchange ended
up 0.5% on Wednesday, boosted by signs of progress in the
U.S.-China trade talks, while oil prices fell 1%.
The local share price index futures were little
changed at 6,716, a 60.7-point discount to the u
steady on Thursday, as gains in the mining sector on the back of
firm base metal prices are likely to be capped by declines in
energy stocks.
Benchmark copper on the London Metal Exchange ended
up 0.5% on Wednesday, boosted by signs of progress in the
U.S.-China trade talks, while oil prices fell 1%.
The local share price index futures were little
changed at 6,716, a 60.7-point discount to the u
Posted by Reuters