KM Financial Solutions | Australia shares set to decline; NZ up

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Australia shares set to decline; NZ up

25 May Australia shares set to decline; NZ up

Posted at 22:31h in News by KMFSLLP 0 Comments

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Australian shares are likely to open
lower on Wednesday following two days of gains as Sino-U.S.
tensions over Hong Kong are expected to weigh on sentiment.
U.S. President Donald Trump said on Tuesday he is preparing
to take action against China this week over its effort to impose
national security laws on Hong Kong, but did not give details.

The local share price index futures fell 1.1%, a
36-point discount to the underlying S&P/ASX 200 inde