KM Financial Solutions | Australia shares set to slide on soft commodity prices; NZ climbs

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Australia shares set to slide on soft commodity prices; NZ climbs

15 Jan Australia shares set to slide on soft commodity prices; NZ climbs

Posted at 21:07h in News by KMFSLLP 0 Comments

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Jan 17 (Reuters) – Australian shares are set to slide for a
second straight session on Wednesday, with material and energy
stocks leading the losses on a drop in base metal and oil
prices.
Base metals slipped on Tuesday with copper and nickel
hitting multi-week lows as a steadier dollar weighed, while oil
fell as Brent crude oil shed some of its recent gains.

The local share price index futures fell 0.5
percent, or 31 points, to 5961, an 87.6-point discount to