01 Dec Australia shares likely to open lower; NZ slips
Australian shares are set to decline
heavily on Tuesday as fresh trade worries dampened investor
appetite after U.S. President Donald Trump said he would restore
tariffs on steel imported from Brazil and Argentina.
The local share price index futures fell 1.2%, an
81.3-point discount to the underlying S&P/ASX 200 index
close. The benchmark had finished 0.2% higher on Monday, having
gained in six of the last seven sessions.
New Zealand’s benchmark S&
heavily on Tuesday as fresh trade worries dampened investor
appetite after U.S. President Donald Trump said he would restore
tariffs on steel imported from Brazil and Argentina.
The local share price index futures fell 1.2%, an
81.3-point discount to the underlying S&P/ASX 200 index
close. The benchmark had finished 0.2% higher on Monday, having
gained in six of the last seven sessions.
New Zealand’s benchmark S&
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