27 Jan Australian shares set to open higher as risk appetite returns
Australian shares are set to open higher
on Wednesday as risk appetite starts to recover, though concerns
of the economic impact from a virus outbreak in China will
likely remain on investors’ minds.
The local share price index futures rose 0.5%, a
17.5-point discount to the underlying S&P/ASX 200 index
close. The benchmark fell 1.4% on Tuesday
New Zealand’s benchmark S&P/NZX 50 index advanced
0.4% in early trade.
on Wednesday as risk appetite starts to recover, though concerns
of the economic impact from a virus outbreak in China will
likely remain on investors’ minds.
The local share price index futures rose 0.5%, a
17.5-point discount to the underlying S&P/ASX 200 index
close. The benchmark fell 1.4% on Tuesday
New Zealand’s benchmark S&P/NZX 50 index advanced
0.4% in early trade.
(Reporting by Nikhil Ku
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