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KM Financial Solutions | Australia shares to start week lower; NZ slips
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Australia shares to start week lower; NZ slips

19 May Australia shares to start week lower; NZ slips

Posted at 22:10h in News by
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May 21 (Reuters) – Australian shares are expected to open
lower on Monday, tracking losses on Wall Street, while weak
metal prices are likely to weigh on material stocks.
All three major U.S. stock indexes posted a weekly loss on
Friday, pressured by banks and chipmakers, while aluminium and
copper logged their first weekly loss in three.
The local share price index futures shed 0.49
percent or 30 points to 6,066, a 21.4-point discount to the
underlying S&P/ASX

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