Australian shares seen higher on strength in miners, NZ flat
March 15 (Reuters) - Australian shares were expected to gain
on Friday, as the resource-heavy bourse which houses global
mining heavyweights such as BHP Group and Rio Tinto
could benefit from robust iron ore prices.
Benchmark iron ore futures in China climbed to their highest
in more than a week on Thursday as steel mills continued to buy
The local share price index futures rose 0.3
percent, or 16 points, to 6,203, a 23.4-point premium to the
underlying S&P/ASX 200 index close. The benchmark
finished 0.3 percent higher on Thursday.
New Zealand's benchmark S&P/NZX 50 index was
unchanged in early trade.
(Reporting by Devika Syamnath in Bengaluru; Editing by Tom
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