10 Nov Australian shares set to lose; New Zealand edges lower
Australian shares are expected to open
lower on Monday due to fears over slowing demand in China, the
country’s largest trading partner.
Market sentiment is expected to track a weaker Wall Street
on Friday. Energy stocks are also set for further
downside pressures from falling crude prices.
The local share price index futures fell 37 points
to 5,874.0, a 47.8-point discount to the underlying S&P/ASX 200
index close. The benchmark fe
lower on Monday due to fears over slowing demand in China, the
country’s largest trading partner.
Market sentiment is expected to track a weaker Wall Street
on Friday. Energy stocks are also set for further
downside pressures from falling crude prices.
The local share price index futures fell 37 points
to 5,874.0, a 47.8-point discount to the underlying S&P/ASX 200
index close. The benchmark fe
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