31 Oct Australia shares to open little changed; NZ rises
Australian shares are set to open little
changed on Friday as investors remain cautious amid fresh signs
of an easing in Sino-U.S. trade tensions.
Energy stocks are likely to be under pressure as oil fell
nearly 3 percent on Thursday, due to growing concerns that
global demand is weakening at a time when output from the
world’s major oil producers is surging.
The local share price index futures was flat, a
27.8-point discount to the underlying
changed on Friday as investors remain cautious amid fresh signs
of an easing in Sino-U.S. trade tensions.
Energy stocks are likely to be under pressure as oil fell
nearly 3 percent on Thursday, due to growing concerns that
global demand is weakening at a time when output from the
world’s major oil producers is surging.
The local share price index futures was flat, a
27.8-point discount to the underlying
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