August 5, 2018 / 10:21 PM / 2 months ago

Australian shares to gain on miners, New Zealand flat

    Aug 6 (Reuters) - Australian shares are expected to tick up
on Monday, with mining heavyweights BHP          and Rio Tinto
         set to gain from a rise in metal prices.
    Chinese iron ore futures hit their highest since mid-March
on Friday, while copper edged higher amid a trade spat between
the United States and China.                    
    The local share price index futures          rose 21 points
to 6204, a 30.8-point discount to the underlying S&P/ASX 200
index         close. The benchmark fell slightly on Friday.
    New Zealand's benchmark S&P/NZX 50 index         was flat in
early trade.
    

 (Reporting by Ambar Warrick in Bengaluru
Editing by Susan Thomas)
  
 
 
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