30 May Australia shares seen falling; NZ slips
June 1 (Reuters) – Australia shares are set to edge lower on
Friday taking cues from global indexes, after the United States
said it would impose tariffs on aluminum and steel imports from
Canada, Mexico and the European Union.
Material stocks may see a push from rising Brent and
iron-ore prices during the session.
The local share price index futures fell 0.1
percent, a 2.9-point discount to the underlying S&P/ASX 200
index close. The benchmark rose half a percent on
Friday taking cues from global indexes, after the United States
said it would impose tariffs on aluminum and steel imports from
Canada, Mexico and the European Union.
Material stocks may see a push from rising Brent and
iron-ore prices during the session.
The local share price index futures fell 0.1
percent, a 2.9-point discount to the underlying S&P/ASX 200
index close. The benchmark rose half a percent on
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