Australian shares set to open higher tracking Wall St; NZ up
Australian shares are poised to open higher on Wednesday,
tracking Wall Street indexes that jumped on hopes that U.S.
government stimulus measures will ease the economic impact from
the worsening coronavirus epidemic.
The local share price index futures rose about
0.6%, a 59.4-point premium to the underlying S&P/ASX 200 index
close. The benchmark closed 3.1% higher on Tuesday.
New Zealand’s benchmark S&P/NZX 50 index rose 1.5%
in early trade.
tracking Wall Street indexes that jumped on hopes that U.S.
government stimulus measures will ease the economic impact from
the worsening coronavirus epidemic.
The local share price index futures rose about
0.6%, a 59.4-point premium to the underlying S&P/ASX 200 index
close. The benchmark closed 3.1% higher on Tuesday.
New Zealand’s benchmark S&P/NZX 50 index rose 1.5%
in early trade.
(Reporting b
Posted by Reuters
