June 24, 2018 / 10:16 PM / 3 months ago

Australia to open the week higher; NZ up

    June 25 (Reuters) - Australian shares are expected to rise
on Monday, boosted by miners and energy stocks on underlying
strength in commodity and oil prices.
    Oil prices soared on Friday after oil producers agreed to
modest crude output increases to compensate for losses in
production at a time of rising global demand.     
    The local share price index futures          rose 0.21
percent or 13 points to 6180 points, a 45.2-point discount to
the underlying S&P/ASX 200 index         close. The benchmark
fell 0.1 percent on Friday.
    New Zealand's benchmark S&P/NZX 50 index         rose 0.1
percent in early trade.
    

 (Reporting by Mensholong Lepcha; Editing by Peter Cooney)
  
 
 
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