16 Jan Australian shares to rise tracking Wall Street; NZ edges up
Australian shares were expected to rise
on Friday, tracking gains on Wall Street, after a news report
that Washington was considering lifting some or all tariffs
imposed on Chinese imports.
Investors are likely to keep an eye on mining giant Rio
Tinto which will report its fourth-quarter production
before market hours.
The local share price index futures rose 0.4
percent to 5,813, a 37.1-point discount to the underlying
S&P/ASX 200 index
on Friday, tracking gains on Wall Street, after a news report
that Washington was considering lifting some or all tariffs
imposed on Chinese imports.
Investors are likely to keep an eye on mining giant Rio
Tinto which will report its fourth-quarter production
before market hours.
The local share price index futures rose 0.4
percent to 5,813, a 37.1-point discount to the underlying
S&P/ASX 200 index
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