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KM Financial Solutions | Australia shares set to advance at open; NZ up
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Australia shares set to advance at open; NZ up

08 Jul Australia shares set to advance at open; NZ up

Posted at 22:07h in News by
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Australian shares are poised to open
higher on Wednesday, as energy and mining stocks are seen
gaining from a rise in oil prices, due to Middle East tensions
and supply cuts, and higher iron ore prices stemming from strong
demand outlook.
The local share price index futures rose 0.546%, a
33.7-point discount to the underlying S&P/ASX 200 index
close. The benchmark slipped 0.1% to 6,665.7 on Tuesday.
New Zealand’s benchmark S&P/NZX 50 index

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