Australia shares likely to open higher, NZ rises

Australian shares are poised to open
higher on Thursday, tracking gains on Wall Street, boosted by
hopes of policy stimulus from China in the wake of growing fears
about the economic impact of the coronavirus outbreak.
The local share price index futures rose 0.2%, a
41.6-point discount to the underlying S&P/ASX 200 index
close. The benchmark finished 0.4% higher on Wednesday.
New Zealand’s benchmark S&P/NZX 50 index rose about
0.4% by 2126