25 Mar Australia shares likely to rise at open, NZ up 3%
Australian shares were set to open
higher on Friday, tracking Wall Street peers, as investors
focused on the passage of a massive coronavirus relief bill in
the U.S. Senate and the possibility of more economic aid to
come.
The local share price index futures rose 3.6%, a
188.7-point premium to the underlying S&P/ASX 200 index
close. The benchmark gained 2.3% on Thursday.
New Zealand’s benchmark S&P/NZX 50 index advanced
3.1% in early
higher on Friday, tracking Wall Street peers, as investors
focused on the passage of a massive coronavirus relief bill in
the U.S. Senate and the possibility of more economic aid to
come.
The local share price index futures rose 3.6%, a
188.7-point premium to the underlying S&P/ASX 200 index
close. The benchmark gained 2.3% on Thursday.
New Zealand’s benchmark S&P/NZX 50 index advanced
3.1% in early
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