24 Mar Australia shares set to dive; NZ falls
March 26 (Reuters) – Australian shares are set to tumble on
Monday, tracking a slump in U.S. stocks, as fears about a
potential U.S. trade war with China rattled investors.
The local share price index futures fell 0.9
percent or 51 points to 5,743, a 77.7-point discount to the
underlying S&P/ASX 200 index close. The benchmark fell
about 2 percent on Friday.
New Zealand’s benchmark S&P/NZX 50 index fell 0.5
percent or 46.12 points to 8,469.24 in early trade.
Monday, tracking a slump in U.S. stocks, as fears about a
potential U.S. trade war with China rattled investors.
The local share price index futures fell 0.9
percent or 51 points to 5,743, a 77.7-point discount to the
underlying S&P/ASX 200 index close. The benchmark fell
about 2 percent on Friday.
New Zealand’s benchmark S&P/NZX 50 index fell 0.5
percent or 46.12 points to 8,469.24 in early trade.
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