KM Financial Solutions | Australia shares seen falling on energy losses, NZ flat

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Australia shares seen falling on energy losses, NZ flat

15 Jul Australia shares seen falling on energy losses, NZ flat

Posted at 22:16h in News by KMFSLLP 0 Comments

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Australian shares are seen opening lower
on Tuesday, tracking global equities, following a slowdown in
Chinese economic growth in the second quarter, with energy
stocks expected to drag the Aussie index on weak oil prices.
Oil prices slumped more than 4 percent on Monday, with Brent
reaching a three-month low, as Libyan ports reopened and traders
eyed potential supply increases by Russia and other producers.

The local share price index futures fell