02 Apr Australian shares seen inching up; NZ rising
April 4 (Reuters) – Australian shares are expected to tick
higher on Wednesday, tracking overnight strength on Wall Street,
while material stocks are expected to firm thanks to stronger
base metal prices.
The local share price index futures rose 19 points
to 5,740 points, a 12-point discount to the underlying S&P/ASX
200 index close. The benchmark fell 0.1 percent on
Tuesday.
New Zealand’s benchmark S&P/NZX 50 index rose 0.4
percent in early trade.
higher on Wednesday, tracking overnight strength on Wall Street,
while material stocks are expected to firm thanks to stronger
base metal prices.
The local share price index futures rose 19 points
to 5,740 points, a 12-point discount to the underlying S&P/ASX
200 index close. The benchmark fell 0.1 percent on
Tuesday.
New Zealand’s benchmark S&P/NZX 50 index rose 0.4
percent in early trade.
(Reporti
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