14 Mar Australia shares poised to edge higher; NZ slips
March 16 (Reuters) – Australian shares are expected to snap
three sessions of losses and turn higher on Friday, with miners
supported by solid iron ore and steel prices.
However, financial stocks may continue to see pressure amid
a government-backed inquiry into the sector.
The local share price index futures rose 0.2
percent or 12 points to 5,923, a 2.2-point premium to the
underlying S&P/ASX 200 index close. The benchmark fell
0.2 percent on
three sessions of losses and turn higher on Friday, with miners
supported by solid iron ore and steel prices.
However, financial stocks may continue to see pressure amid
a government-backed inquiry into the sector.
The local share price index futures rose 0.2
percent or 12 points to 5,923, a 2.2-point premium to the
underlying S&P/ASX 200 index close. The benchmark fell
0.2 percent on
Sorry, the comment form is closed at this time.