Markets

Australia shares likely to open higher, NZ flat

  • The local share price index futures rose 0.1%, a 81.3-point discount to the underlying S&P/ASX 200 index close
Published August 12, 2021 Updated August 12, 2021 10:55am
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Australian shares are poised to open slightly higher on Thursday, tracking modest gains on Wall Street overnight, with a jump in commodity prices expected to lift domestic miners and energy stocks.

The local share price index futures rose 0.1%, a 81.3-point discount to the underlying S&P/ASX 200 index close. The benchmark settled 0.3% higher at 7,584.6 points.

CBA pushes Australian shares to a record high; miners, banks jump

New Zealand's benchmark S&P/NZX 50 index was flat at 12752.3 points in early trade.