Markets
Australia shares to open unchanged, NZ rises
- The benchmark gained 0.4% to end the trade at 7,489.9 points on Monday
Australian shares are set to open flat on Tuesday, following a rebound from a streak of losses on Monday, with materials sector stocks likely to dominate gains on higher commodities prices.
The local share price index futures rose 0.1%, a 49.9-point discount to the underlying S&P/ASX 200 index close. The benchmark gained 0.4% to end the trade at 7,489.9 points on Monday.
New Zealand's benchmark S&P/NZX 50 index rose 0.3% to 13098.8 points in early trade.
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