22 Sep Australia shares set to edge lower on iron ore prices; NZ slips
Australian shares are expected to open
lower on Monday, with mining stocks likely to be weighed down by
the weakness in iron ore prices.
Iron ore on the Dalian Commodity Exchange lost 0.3
percent to 501 yuan a tonne, on Friday.
The local share price index futures slipped 0.4
percent or 23 points to 6,169, a 25.6-point discount to the
underlying S&P/ASX 200 index close. The benchmark rose
0.4 percent on Friday.
New Zealand’
lower on Monday, with mining stocks likely to be weighed down by
the weakness in iron ore prices.
Iron ore on the Dalian Commodity Exchange lost 0.3
percent to 501 yuan a tonne, on Friday.
The local share price index futures slipped 0.4
percent or 23 points to 6,169, a 25.6-point discount to the
underlying S&P/ASX 200 index close. The benchmark rose
0.4 percent on Friday.
New Zealand’
Sorry, the comment form is closed at this time.