Dec 31 (Reuters) – Australian shares are poised to open
lower on Tuesday, tracking Wall Street overnight where major
indexes slipped from record highs, while the mining sector is
likely to weigh on the benchmark on weaker iron ore prices.
The local share price index futures fell 0.9%, a
123.9-point discount to the underlying S&P/ASX 200 index
close. The benchmark fell 0.3% on Monday.
New Zealand’s benchmark S&P/NZX 50 index fell 0.4%
by 2117 GMT.
(Reporting by Nikhil Subba in Bengaluru
Editing by Chris Reese)
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