Australia shares set to rise; NZ up
Australian shares are poised to open
higher on Friday, tracking Wall Street gains, with energy stocks
likely to buoy the gains following a surge in oil prices.
President Donald Trump said he expects Russia and Saudi
Arabia to announce a major oil production cut, putting an end to
the tumultuous price war.
The local share price index futures rose 2.2%, a
95.7-point premium to the underlying S&P/ASX 200 index
close. The benchmark fell 2% on T
higher on Friday, tracking Wall Street gains, with energy stocks
likely to buoy the gains following a surge in oil prices.
President Donald Trump said he expects Russia and Saudi
Arabia to announce a major oil production cut, putting an end to
the tumultuous price war.
The local share price index futures rose 2.2%, a
95.7-point premium to the underlying S&P/ASX 200 index
close. The benchmark fell 2% on T
Posted by Reuters
