KM Financial Solutions | Australia shares to start higher as investors cheer China stimulus

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Australia shares to start higher as investors cheer China stimulus

01 Jan Australia shares to start higher as investors cheer China stimulus

Posted at 21:25h in News by KMFSLLP 0 Comments

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Australian shares are set to open higher
on Friday, as investor confidence improved after China announced
fresh stimulus to prop up its economy, while energy and mining
stocks are likely to rise.
The local share price index futures rose 0.8%, a
14.6-point discount to the underlying S&P/ASX 200 index
close. The benchmark finished 0.1% higher on Thursday.
New Zealand’s benchmark S&P/NZX 50 index rose
0.08%by 2123 GMT.

(Reporting by Nikh