Markets
Australia shares set to open flat as stimulus boost fades
- The benchmark rose 0.8% on Friday.
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Australian shares are set to open flat on Monday, as excitement surrounding further stimulus and a jobs recovery in the United States fades, and as weaker iron ore prices likely weigh on miners.
The local share price index futures fell 0.04%, a 0.2-point premium to the underlying S&P/ASX 200 index close.
The benchmark rose 0.8% on Friday.
New Zealand's benchmark S&P/NZX 50 index rose 0.3% in early trade.
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