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KM Financial Solutions | Australia shares expected to inch lower, NZ down
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Australia shares expected to inch lower, NZ down

16 Oct Australia shares expected to inch lower, NZ down

Posted at 21:21h in News by
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Oct 18 (Reuters) – Australian shares are expected to take a
breather and snap five straight sessions of gains on Wednesday
as base metal prices retreated after a strong rally.
The local share price index futures fell 0.1
percent, or 6 points to 5,865, a 24.6-point discount to the
underlying S&P/ASX 200 index close. The benchmark ended
up 0.7 percent on Tuesday.
New Zealand’s benchmark S&P/NZX 50 index fell 0.2
percent in early trade.

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