04 Apr Australia shares poised to rise at open, NZ slips
Australian shares are set to open higher
on Monday as a slowdown in the country’s growth rate of
coronavirus cases is likely to revive risk appetite, even as
pressure on commerce and industries persists due to travel and
social restrictions.
The local share price index futures rose 0.9%, a
11.5-point premium to the underlying S&P/ASX 200 index
close. The benchmark ended 1.7% lower on Friday.
In New Zealand, the benchmark S&P/NZX 50 index
on Monday as a slowdown in the country’s growth rate of
coronavirus cases is likely to revive risk appetite, even as
pressure on commerce and industries persists due to travel and
social restrictions.
The local share price index futures rose 0.9%, a
11.5-point premium to the underlying S&P/ASX 200 index
close. The benchmark ended 1.7% lower on Friday.
In New Zealand, the benchmark S&P/NZX 50 index
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