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Markets

Australia shares set to open higher, NZ rises

  • The local share price index futures rose 0.32%, a 41.9-point discount to the underlying S&P/ASX 200 index close.
Published February 16, 2021 Updated February 16, 2021 11:12am
By

Australian shares were set to open higher on Tuesday, extending gains made in the previous session, as a jump in copper and oil prices was likely to keep domestic mining and energy stocks in positive territory.

The local share price index futures rose 0.32%, a 41.9-point discount to the underlying S&P/ASX 200 index close. The benchmark added 0.9% on Monday.

Across the Tasman Sea, New Zealand's benchmark S&P/NZX 50 index rose 0.4% in early trade.

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