Australian shares poised to open lower
Australian shares are set to open lower
on Monday, extending losses into a second session, while a surge
in underlying commodity prices will likely lift miners and
energy stocks.
The local share price index futures fell 0.4%, a
24-point discount to the underlying S&P/ASX 200 index
close. The benchmark fell 1.6% on Friday.
New Zealand stock markets were closed for a holiday.
on Monday, extending losses into a second session, while a surge
in underlying commodity prices will likely lift miners and
energy stocks.
The local share price index futures fell 0.4%, a
24-point discount to the underlying S&P/ASX 200 index
close. The benchmark fell 1.6% on Friday.
New Zealand stock markets were closed for a holiday.
(Reporting by Shreya Mariam Job in Bengaluru; editing by Dia
Posted by Reuters