Australian shares set to open higher on miners; NZ up
Australian shares are poised to rise in
catch-up trade on Tuesday, tracking global peers which gained
after the United States dropped plans to impose tariffs on
Mexican goods, while robust metal prices are expected to boost
mining stocks.
The local share price index futures rose 0.3% or 21
points to 6,502 at 2210 GMT, a 58.1-point premium to the
underlying S&P/ASX 200 index close. The benchmark rose
1% on Friday.
The Australian stock market was cl
catch-up trade on Tuesday, tracking global peers which gained
after the United States dropped plans to impose tariffs on
Mexican goods, while robust metal prices are expected to boost
mining stocks.
The local share price index futures rose 0.3% or 21
points to 6,502 at 2210 GMT, a 58.1-point premium to the
underlying S&P/ASX 200 index close. The benchmark rose
1% on Friday.
The Australian stock market was cl
Posted in: http://feeds.reuters.com/reuters/UKBankingFinancial