KM Financial Solutions | Australia shares poised to skid at open, NZ rises
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Australia shares poised to skid at open, NZ rises

Australia shares poised to skid at open, NZ rises

Australian shares were set to tumble on
Friday, tracking a broad sell-off on Wall Street overnight amid
profit-taking and as dismal U.S. unemployment data again
highlighted the economic pain from the coronavirus pandemic.
The local share price index futures fell 2.2%, a
105.4-point discount to the underlying S&P/ASX 200 index
close. The benchmark ended 2.4% higher on Thursday.
New Zealand’s main S&P/NZX 50 bourse rose 0.2% in
early trade.

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