Oct 19 Australian shares are expected to open
slightly higher on Wednesday, after upbeat earnings by U.S.
companies Goldman Sachs Group and UnitedHealth Group Inc
bolstered Wall Street stocks.
Of the 52 S&P 500 companies that have reported third-quarter
results to date, 81 percent had beaten analysts average
estimates, according to Thomson Reuters I/B/E/S.
The local share price index futures rose 0.2
percent to 5,404 points, a 6.8-point discount to the underlying
S&P/ASX 200 index close. The benchmark snapped four
sessions of losses on Tuesday and closed up 0.4 percent, or
22.12 points, at 5,410.8.
New Zealand's benchmark S&P/NZX 50 index rose 0.16
percent, or 11.2 points, to 6984.26 in early trade.
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(Reporting by Suhail Hassan Bhat in Bengaluru; editing by Diane