Australia shares set to tick up; New Zealand higher
Australian shares are expected to edge
higher on Tuesday, tracking gains overnight on Wall Street amid
hopes of a U.S. interest rate cut along with investors awaiting
quarterly earnings from technology majors this week.
Local energy stocks are expected to gain on the back of
firmer oil prices as investors are worried about possible supply
disruptions in the energy-rich Middle East after Iran’s seizure
of a British tanker last week.
The local share price inde
higher on Tuesday, tracking gains overnight on Wall Street amid
hopes of a U.S. interest rate cut along with investors awaiting
quarterly earnings from technology majors this week.
Local energy stocks are expected to gain on the back of
firmer oil prices as investors are worried about possible supply
disruptions in the energy-rich Middle East after Iran’s seizure
of a British tanker last week.
The local share price inde
Posted by Reuters