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KM Financial Solutions | Australia shares seen edging up; NZ rises
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Australia shares seen edging up; NZ rises

22 Jan Australia shares seen edging up; NZ rises

Posted at 21:09h in News by
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Jan 24 (Reuters) – Australian shares are poised to edge
higher on Wednesday, inspired by gains on Wall Street, while
weaker iron ore and base metal prices might weigh down material
stocks.
U.S. stocks advanced on Tuesday, as strong results from
Netflix helped lift the S&P 500 and Nasdaq
Composite .
Chinese iron ore futures dropped 4 percent overnight, while
copper prices fell to their lowest in a month after rising
inventories showed healthy supplies of re

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