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KM Financial Solutions | Australian shares set to gain; NZ flat
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Australian shares set to gain; NZ flat

12 Dec Australian shares set to gain; NZ flat

Posted at 21:22h in News by
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Dec 14 (Reuters) – Australian shares are expected to open
higher on Thursday, tracking a rise in Wall Street following a
widely expected interest rate hike in the United States.
The Federal Reserve raised interest rates by a quarter of a
percentage point on Wednesday, as anticipated.
The local share price index futures rose 21 points
to 6048.0, a 26.2-point premium to the underlying S&P/ASX 200
index close. The benchmark rose 0.14 percent on
Wednesday.

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