BREAKING NEWS:
Home »Markets » Equity » Australia » Australia shares expected to have subdued start; NZ up

SYDNEY: Australian shares are expected to have a subdued start on Friday as political turmoil in the United States raised uncertainty over President Donald Trump's agenda and kept an index of global equity markets near a three-week low.

Basic material stocks in the region may see some pressure due to lower metal prices.

The local share price index futures was 0.05 percent, or 3 points, lower at 5,727, a 11.3-point discount to the underlying S&P/ASX 200 index  close.

The benchmark closed down 0.8 percent in its previous session.

New Zealand's benchmark S&P/NZX 50 index  was up 11.69 points, or 0.16 percent, to 7,383.45 at 2202 GMT.

For a summary of overnight action across global markets, click on

 

 

Copyright Reuters, 2017
 

the author

Leave a Reply

Your email address will not be published. Required fields are marked *

Close
Close
Top