Markets

Australia shares to open flat, NZ up

  • The local share price index futures were up 0.07%, a 4.1-point premium to the underlying S&P/ASX 200 index close.
Published June 8, 2021 Updated June 8, 2021 10:54am
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Australian shares are expected to trade flat on Tuesday, taking cues from a weak session on Wall Street, while lower commodity prices are expected to hurt local miners and energy stocks.

The local share price index futures were up 0.07%, a 4.1-point premium to the underlying S&P/ASX 200 index close.

The benchmark retreated from record highs to close slightly lower on Monday.New Zealand's benchmark S&P/NZX 50 index rose 0.2% to 12,524.46 in early trade.