24 Oct Australia shares set to rebound sharply, NZ rises
Australian shares are placed to open up
over 1 percent, recovering sharply from previous session’s lows,
with energy stocks poised to do well.
U.S. stocks rebounded overnight after the massive sell-off,
with strong earnings encouraging investors to venture into risky
bets again.
The local share price index futures rose 1.3
percent, a 36.9-point premium to the underlying S&P/ASX 200
index close. The benchmark closed 2.8 percent down on
T
over 1 percent, recovering sharply from previous session’s lows,
with energy stocks poised to do well.
U.S. stocks rebounded overnight after the massive sell-off,
with strong earnings encouraging investors to venture into risky
bets again.
The local share price index futures rose 1.3
percent, a 36.9-point premium to the underlying S&P/ASX 200
index close. The benchmark closed 2.8 percent down on
T
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