Markets
Australia shares likely to rise ahead of GDP data
- The local share price index futures rose 0.3%, a 17.3-point discount to the underlying S&P/ASX 200 index close.
Australian shares were set to rise at the open on Wednesday, as investors remained upbeat on recovery hopes ahead of the country's fourth-quarter gross domestic product (GDP) data, which is expected to have further improved.
The local share price index futures rose 0.3%, a 17.3-point discount to the underlying S&P/ASX 200 index close.
The benchmark finished 0.4% lower on Tuesday.
New Zealand's benchmark S&P/NZX 50 index rose 0.3% by 2120 GMT.
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