27 Oct Australian shares set to open lower; NZ falls
Australian shares were set to open lower
on Monday, tracking a slump in global equity markets at the end
of last week over disappointing U.S. corporate profits and trade
wars.
Australia’s stock index futures was down 0.3
percent, a 21.2-point discount to the underlying S&P/ASX 200
index close. The benchmark closed up 0.02 percent on
Friday but fell 4.6 percent for the week as a whole.
Stock markets around the world tumbled on Friday after
investor
on Monday, tracking a slump in global equity markets at the end
of last week over disappointing U.S. corporate profits and trade
wars.
Australia’s stock index futures was down 0.3
percent, a 21.2-point discount to the underlying S&P/ASX 200
index close. The benchmark closed up 0.02 percent on
Friday but fell 4.6 percent for the week as a whole.
Stock markets around the world tumbled on Friday after
investor
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