Views Article – Sharenet Wealth

Australasia, News

Australia shares to fall at year’s end on miners, Wall Street sell off; NZ down

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)

© 2019 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.
Array ( )