Markets
Australia shares likely to open higher; NZ rises
- The local share price index futures rose 0.47%, a 37.9-point discount to the underlying S&P/ASX 200 index close
Australian shares are set to open higher on Monday at the start of the final week of the current domestic earnings season, tracking a strong Wall Street finish from Friday and despite pressure from falling commodity prices.
The local share price index futures rose 0.47%, a 37.9-point discount to the underlying S&P/ASX 200 index close.
The benchmark edged down 0.05% to 7,460.9 points at the close on Friday.
Across the Tasman Sea, New Zealand's benchmark S&P/NZX 50 index rose 0.4% to 12990.7 in early trade.
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