Markets

Australia shares likely to fall at open, NZ flat

Published March 4, 2022 Updated March 4, 2022 09:37am
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Australian shares are expected to slide at open on Friday tracking a fall in most global equity markets as the Russia-Ukraine crisis continues and oil prices fall from decade highs on revived supply hopes.

The local share price index futures fell 0.8%, a 83.4-point discount to the underlying S&P/ASX 200 index close. The benchmark rose 0.5% on Thursday.

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