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Australia shares to open in the black, NZ inches up
August 22, 2017 / 10:13 PM / 2 months ago

Australia shares to open in the black, NZ inches up

    Aug 23 (Reuters) - Australian shares are seen opening in the
black on Wednesday, in tandem with stocks on Wall Street which
rose after U.S. lawmakers expressed confidence over passing tax
reform and raising the debt ceiling.
    Meanwhile, energy stocks and miners are expected to gain on
stronger oil and iron ore prices, while gold stocks may pull
back after the yellow metal eased.                             
    The local share price index futures          rose 0.6
percent or 32 points to 5,745, a 5.1-point discount to the
underlying S&P/ASX 200 index         close. The benchmark rose
0.4 percent on Tuesday.
    New Zealand's benchmark S&P/NZX 50 index         rose 0.1
percent, or 8.70 points, to 7,875.78 at 2205 GMT.
    
       

 (Reporting by Chris Thomas in Bengaluru; Editing by Chris
Reese)
  
 
 

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