August 8, 2018 / 10:20 PM / a year ago

Australian shares to edge lower, NZ rises amid record-low rates

    Aug 9 (Reuters) - Australian shares are expected to trickle
lower on Thursday, following a weaker lead-in from international
markets, while material stocks are expected to fall in line with
easing   commodity prices.
    The local share price index futures          was flat at
6207 points, a 61.5-point discount to the underlying S&P/ASX 200
index         close. The benchmark rose about 0.2 percent on
    New Zealand's benchmark S&P/NZX 50 index         rose 0.3
percent in early trade. The country's central bank kept its
official cash rate on hold at a record low of 1.75 percent and
said rates would stay at that level for longer than it had
previously forecast.             

 (Reporting by Ambar Warrick in Bengaluru
Editing by Tom Brown)
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below