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KM Financial Solutions | Australia shares set to open higher; NZ opens slightly higher
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Australia shares set to open higher; NZ opens slightly higher

17 Apr Australia shares set to open higher; NZ opens slightly higher

Posted at 22:14h in News by
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April 19 (Reuters) – Australian shares are expected to rise
on Thursday, helped by the materials and energy sectors,
underpinned by robust commodities and oil prices.
Oil futures jumped nearly 3 percent on Wednesday on a
decline in U.S. crude inventories, amid reports that top
exporter Saudi Arabia seeks to see the crude price closer to
$100 a barrel.
The local share price index futures rose 0.43 pct,
or 25 points, a 1.6-point premium to the underlying S&P/ASX 200
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