Australian shares to gain buoyed by energy stocks, NZ up
Australian shares were poised to rise on
Thursday, supported by gains in the energy sector, after strong
economic data from China drove commodity prices and Wall Street
stocks higher.
Oil prices climbed as a private survey on Wednesday showed
China’s services sector expanded in August at its fastest pace
in three months.
The Australian share price index futures gained
0.3% to 6,555.0, a 2-point premium to the underlying S&P/ASX 200
index
Thursday, supported by gains in the energy sector, after strong
economic data from China drove commodity prices and Wall Street
stocks higher.
Oil prices climbed as a private survey on Wednesday showed
China’s services sector expanded in August at its fastest pace
in three months.
The Australian share price index futures gained
0.3% to 6,555.0, a 2-point premium to the underlying S&P/ASX 200
index
Posted by Reuters