Australian shares are set to recover on Friday following a rise in global equities as signs of movement in Sino-US trade talks caused risk appetite to improve.
Local financial stocks are due for a recovery after hitting a near 3-month low on Thursday. The sector has been heavily sold off amidst an ongoing inquiry.
The local share price index futures rose 27 points to 6158, a 29.3-point premium to the underlying S&P/ASX 200 index close. The benchmark fell nearly 0.8 percent in its previous session.
New Zealand's benchmark S&P/NZX 50 index fell 0.3 percent in early trade.
Comments
Comments are closed.