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Australian shares were expected to open lower on Tuesday as a pullback in commodity prices will drag local mining and energy stocks, while a weak finish on Wall Street overnight further dented sentiment.
The local share price index futures dropped 0.9%, a 62.4-point discount to the underlying S&P/ASX 200 index close. The benchmark ended 1.2% higher on Monday.
New Zealand’s benchmark S&P/NZX 50 index fell 0.072% to 11,796.64 by 2120 GMT.