KM Financial Solutions | Australia shares likely to open higher; NZ inches up

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Australia shares likely to open higher; NZ inches up

17 Mar Australia shares likely to open higher; NZ inches up

Posted at 21:12h in News by KMFSLLP 0 Comments

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March 19 (Reuters) – Australian shares are expected to open
higher on Monday, with financials leading the gains, helped by
U.S. stocks that ended higher last week and a jump in oil
prices.
The local share price index futures rose 0.5
percent, or 27 points, to 5.974, a 24.6-point premium to the
underlying S&P/ASX 200 index close. The benchmark ended
0.5 percent up on Friday.
New Zealand’s benchmark S&P/NZX 50 index inched up
in early trade.

(Reporting by C