22 Oct Australia shares to open little changed; NZ drops
Oct 24 – Australian shares are set to open little changed on
Wednesday after U.S. stocks fell overnight on earnings outlook
worries before investors snapped up beaten-down shares in late
trading.
The local share price index futures was flat, a
28-point discount to the underlying S&P/ASX 200 index
close. The benchmark closed 1.1 percent down on Tuesday.
Energy stocks are likely to be under pressure as oil prices
plunged about 5 percent to two-month lows on worries abo
Wednesday after U.S. stocks fell overnight on earnings outlook
worries before investors snapped up beaten-down shares in late
trading.
The local share price index futures was flat, a
28-point discount to the underlying S&P/ASX 200 index
close. The benchmark closed 1.1 percent down on Tuesday.
Energy stocks are likely to be under pressure as oil prices
plunged about 5 percent to two-month lows on worries abo
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