KM Financial Solutions | Australia shares likely to dip at open, NZ up
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Australia shares likely to dip at open, NZ up

Australia shares likely to dip at open, NZ up

Australian shares are expected to open
lower on Wednesday as warnings of an economic slump and a spike
in unemployment due to the coronavirus pandemic dampened
sentiment, overshadowing early signs of a slowdown in fatalities
and new cases across some global hot spots.
The local share price index futures fell 1%, a
62.3-point discount to the underlying S&P/ASX 200 index
close. The benchmark declined 0.7% in the previous session.
New Zealand’s bench

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