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KM Financial Solutions | Australia shares poised to slip on mining stocks; NZ inches up
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Australia shares poised to slip on mining stocks; NZ inches up

21 Dec Australia shares poised to slip on mining stocks; NZ inches up

Posted at 21:25h in News by
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Australian shares are set to open lower
on Monday, with the benchmark’s heavyweight iron ore miners
likely to trade lower following a drop in prices of the
steelmaking commodity over the weekend.
Chinese iron ore futures fell as much as 1.3% to 633 yuan
per tonne on Friday, amid uncertainties over demand from China.
Gold prices also traded lower, which is likely to add to
pressure on miners of the safe-haven metal.
The local share price index futures

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