Australia shares set to rise; NZ declines

Sept 3 (Reuters) - Australian shares are poised to inch higher on Monday on the back of a recovery in iron ore prices, while investors may be cautious amid a potentially worsening trade war. The local share price index futures rose 0.4 percent, a 10.5-point premium to the underlying S&P/ASX 200 index close. The benchmark declined half a percent on Friday. New Zealand's benchmark S&P/NZX 50 index inched 0.5 percent lower. (Reporting by Karthika Suresh Namboothiri in Bengaluru; Editing by Peter Cooney)

2018-09-03 00:21:05

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