23 Feb Australia shares set to open lower on virus fears, NZ falls
Australian shares are poised to open
lower on Tuesday, extending heavy losses from the previous
session as concerns of global economic impact due to the rising
number of coronavirus cases outside China continued to hurt risk
appetite.
The local share price index futures fell 2.4%, a
217.3-point discount to the underlying S&P/ASX 200 index
close. The benchmark fell 2.25% on Monday.
New Zealand’s benchmark S&P/NZX 50 index fell about
2.1% by
lower on Tuesday, extending heavy losses from the previous
session as concerns of global economic impact due to the rising
number of coronavirus cases outside China continued to hurt risk
appetite.
The local share price index futures fell 2.4%, a
217.3-point discount to the underlying S&P/ASX 200 index
close. The benchmark fell 2.25% on Monday.
New Zealand’s benchmark S&P/NZX 50 index fell about
2.1% by
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