01 Aug Australian shares to inch higher at open; NZ flat
Australian shares are expected to rise on
Friday, tracking gains on Wall Street, with energy stocks likely
to rally on higher oil prices.
Healthcare stocks, which earn a substantial portion of their
income in the United States, could also firm, bolstered by a
weakness in the local currency.
The local share price index futures rose 0.34
percent or 21 points to 6,213, a 27.9-point discount to the
underlying S&P/ASX 200 index close. The benchma
Friday, tracking gains on Wall Street, with energy stocks likely
to rally on higher oil prices.
Healthcare stocks, which earn a substantial portion of their
income in the United States, could also firm, bolstered by a
weakness in the local currency.
The local share price index futures rose 0.34
percent or 21 points to 6,213, a 27.9-point discount to the
underlying S&P/ASX 200 index close. The benchma
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