21 Nov Australia shares to open firm on metals; NZ up
Nov 23 (Reuters) – Australian shares are expected to open
firm on Thursday as strong metal prices are set to underpin
gains in the materials sector, boosting the benchmark for a
third straight session.
Chinese steel futures rallied on Wednesday, supported by
leaner supply and expectations that consumption in the world’s
top user would recover when production cuts are lifted after
winter.
Meanwhile, zinc climbed to its highest in two weeks on
Wednesday on persistent concer
firm on Thursday as strong metal prices are set to underpin
gains in the materials sector, boosting the benchmark for a
third straight session.
Chinese steel futures rallied on Wednesday, supported by
leaner supply and expectations that consumption in the world’s
top user would recover when production cuts are lifted after
winter.
Meanwhile, zinc climbed to its highest in two weeks on
Wednesday on persistent concer
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