Australia shares to open flat; NZ edges higher

Australia shares to open flat; NZ edges higher
Nov 20 (Reuters) - Australian shares are set to open flat on
Monday, as gains in oil-driven stocks are expected to offset the
weak leads from Wall Street which closed lower on Friday.
Oil bounced back over 2 percent on Friday after falling for
five straight sessions as a major U.S. crude pipeline was shut
and traders anticipated an OPEC deal to extend curbs on
However, Wall Street ended last week on a sour note, with
major indexes slipping modestly as investors weighed the fate of
the Republicans' tax overhaul plan.
In Australia, the local share price index futures
fell 0.07 percent or 4 points to 5,959, a 1.7-point premium to
the underlying S&P/ASX 200 index close. The benchmark
rose 0.2 percent on Friday.
New Zealand's benchmark S&P/NZX 50 index rose 0.1
percent or 8 points to 8,069.980 at 2102 GMT.

(Reporting by Aditya Soni in Bengaluru; Editing by Adrian

2017-11-19 23:20:53

© 2017 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.
Most read today
Most read yesterday
Send e-mail to for any enquiries or see Contact Details for phone numbers
Home   •   Terms & conditions   •   PAIA   •   Privacy Policy   •   Security Notice   •   Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
© 2017 SHARENET (PTY) Ltd, Cape Town, South Africa