23 Sep Australia shares to open flat; New Zealand down
Australian shares were poised to open
steady on Tuesday, as gains in the energy stocks on the back of
firm oil prices are likely to offset weakness in the mining
sector.
Global benchmark Brent crude jumped on Monday to a four-year
high above $80 per barrel after Saudi Arabia and Russia ruled
out any immediate increase in production.
The local share price index futures fell marginally
to 0.1 percent or 6 points to 6,182, a 4.9-point discount to the
u
steady on Tuesday, as gains in the energy stocks on the back of
firm oil prices are likely to offset weakness in the mining
sector.
Global benchmark Brent crude jumped on Monday to a four-year
high above $80 per barrel after Saudi Arabia and Russia ruled
out any immediate increase in production.
The local share price index futures fell marginally
to 0.1 percent or 6 points to 6,182, a 4.9-point discount to the
u
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