Australia shares set to open marginally higher as investors cautious; NZ up
Australian shares are likely to open
marginally higher on Tuesday as investors stay on the sidelines
ahead of the keenly awaited U.S. Federal Reserve meeting later
in the week.
The local share price index futures rose 0.015%, an
11-point premium to the underlying S&P/ASX 200 index
close. The benchmark slipped 0.35% on Monday.
New Zealand’s benchmark S&P/NZX 50 index rose 0.22%
in early trade.
marginally higher on Tuesday as investors stay on the sidelines
ahead of the keenly awaited U.S. Federal Reserve meeting later
in the week.
The local share price index futures rose 0.015%, an
11-point premium to the underlying S&P/ASX 200 index
close. The benchmark slipped 0.35% on Monday.
New Zealand’s benchmark S&P/NZX 50 index rose 0.22%
in early trade.
(Reporting by Nikhil Subba in
Posted by Reuters