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KM Financial Solutions | Australia shares to fall on material stocks, NZ down
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Australia shares to fall on material stocks, NZ down

02 Jul Australia shares to fall on material stocks, NZ down

Posted at 22:19h in News by
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July 4 (Reuters) – Australian shares are expected to open
lower on Wednesday following a slide on Wall Street overnight,
with material stocks set to extend losses on weak commodity
prices.
Iron ore prices in key market China eased 0.4
percent on Tuesday to 463 yuan.
The Australian local share price index futures fell
0.42 percent or 26 points, to 6,143, a 67.2-point discount to
the underlying S&P/ASX 200 index close. The benchmark
rose 0.5 percen

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