18 Mar Australian shares set to rise at open; NZ edges up
Australian shares are likely to open
higher on Friday after shedding nearly 10% over the past two
sessions, as investors pin hopes on measures by global central
banks to stem the coronavirus-driven economic damage.
The local share price index futures rose 2.5%, a
161.1-point premium to the underlying S&P/ASX 200 index
close. The benchmark declined 3.4% on Friday to finish at a more
than four-year low.
New Zealand’s benchmark S&P/NZX 50 index
higher on Friday after shedding nearly 10% over the past two
sessions, as investors pin hopes on measures by global central
banks to stem the coronavirus-driven economic damage.
The local share price index futures rose 2.5%, a
161.1-point premium to the underlying S&P/ASX 200 index
close. The benchmark declined 3.4% on Friday to finish at a more
than four-year low.
New Zealand’s benchmark S&P/NZX 50 index
Sorry, the comment form is closed at this time.