16 Nov Australia shares to open little changed; NZ up
Australian shares are likely to open
little changed on Monday, with rising oil prices expected to
buoy energy stocks, while an expected decline in gold stocks,
owing to weaker bullion, may cap gains.
The local share price index futures fell 0.04%, a
0.3-point premium to the underlying S&P/ASX 200 index
close. The benchmark rose 0.9% on Friday.
New Zealand’s benchmark S&P/NZX 50 index rose 0.3%
by 2113 GMT.
little changed on Monday, with rising oil prices expected to
buoy energy stocks, while an expected decline in gold stocks,
owing to weaker bullion, may cap gains.
The local share price index futures fell 0.04%, a
0.3-point premium to the underlying S&P/ASX 200 index
close. The benchmark rose 0.9% on Friday.
New Zealand’s benchmark S&P/NZX 50 index rose 0.3%
by 2113 GMT.
(Reporting by Shre
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