16 Jul Australia shares set to open higher, New Zealand flat
Australian shares are expected to snap
two sessions of losses and open higher on Wednesday, tracking
Wall Street gains, with healthcare stocks set to benefit from
weakness in the Aussie dollar.
The Australian dollar was subdued on Tuesday as the
country’s central bank expressed concern about the impact of
high household debt on the economy.
The local share price index futures rose 0.36
percent, or 22 points, to 6,180 points, a 23.6-point discount t
two sessions of losses and open higher on Wednesday, tracking
Wall Street gains, with healthcare stocks set to benefit from
weakness in the Aussie dollar.
The Australian dollar was subdued on Tuesday as the
country’s central bank expressed concern about the impact of
high household debt on the economy.
The local share price index futures rose 0.36
percent, or 22 points, to 6,180 points, a 23.6-point discount t
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