27 Jan Australia shares to open higher; NZ slightly down
Jan 29 (Reuters) – Australian shares are likely to open
higher on Monday, led by financials, tracking Wall Street which
rose to closing records last week on strong earnings reports.
Boosted by the latest round of earnings, including those
from Intel and AbbVie , the three main U.S.
indexes climbed to record closing highs on Friday.
However, gains in the benchmark Australian index might be
capped by a weakness in materials stocks which could fall on
lower commod
higher on Monday, led by financials, tracking Wall Street which
rose to closing records last week on strong earnings reports.
Boosted by the latest round of earnings, including those
from Intel and AbbVie , the three main U.S.
indexes climbed to record closing highs on Friday.
However, gains in the benchmark Australian index might be
capped by a weakness in materials stocks which could fall on
lower commod
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