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Markets

Australia shares set to dip at open, NZ flat

Published October 19, 2021 Updated October 19, 2021 10:21am
By

Australian shares are set to fall on Tuesday, likely hurt by losses in miners and energy stocks on the back of sinking commodity prices and tracking global markets which dipped on disappointing China growth data.

The local share price index futures fell 0.3%, a 44.1-point discount to the underlying S&P/ASX 200 index close.

Miners, energy stocks help Australian shares inch higher

The benchmark closed 0.26% higher on Monday.

New Zealand's benchmark S&P/NZX 50 index was flat at 12993.7 in early trade.

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