Australian stocks eye stronger open; NZ up
Australian shares were set rise at the
open on Monday, tracking a bounce in Wall Street after moderate
jobs growth in the United States soothed some concerns over a
recession in the world’s largest economy.
The local share price index futures rose 55 points
or 0.8% to 6,542.0, a 24.9-point premium to the underlying
S&P/ASX 200 index close. The benchmark rose about 0.4%
on Friday.
New Zealand’s benchmark S&P/NZX 50 index rose 0.2%
in early
open on Monday, tracking a bounce in Wall Street after moderate
jobs growth in the United States soothed some concerns over a
recession in the world’s largest economy.
The local share price index futures rose 55 points
or 0.8% to 6,542.0, a 24.9-point premium to the underlying
S&P/ASX 200 index close. The benchmark rose about 0.4%
on Friday.
New Zealand’s benchmark S&P/NZX 50 index rose 0.2%
in early
Posted by Reuters
