Australia shares set to slip as miners seen stumbling; NZ up
Australian shares are likely to open
marginally lower on Tuesday, as mining stocks are poised to
continue weighing on the benchmark in pre-Christmas trading,
over weaker iron ore prices.
The most actively traded iron ore futures on the Dalian
Commodity Exchange slipped 0.1% to 639 yuan per tonne
on Monday.
The local share price index futures slipped 0.03%,
a 72.1-point discount to the underlying S&P/ASX 200 index
close. The benchmark clos
marginally lower on Tuesday, as mining stocks are poised to
continue weighing on the benchmark in pre-Christmas trading,
over weaker iron ore prices.
The most actively traded iron ore futures on the Dalian
Commodity Exchange slipped 0.1% to 639 yuan per tonne
on Monday.
The local share price index futures slipped 0.03%,
a 72.1-point discount to the underlying S&P/ASX 200 index
close. The benchmark clos
Posted by Reuters
