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KM Financial Solutions | Australia shares set to open lower; NZ flat
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Australia shares set to open lower; NZ flat

22 Oct Australia shares set to open lower; NZ flat

Posted at 21:12h in News by
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Oct 24 (Reuters) – Australian shares are set to open in
negative territory on Tuesday, tracking weakness in U.S. stocks,
while continuing strength in metal prices are likely to buoy
material stocks.
U.S. stocks retreated from record positions on Monday as
technology and industrial shares weighed on Wall Street indexes,
while Chinese iron ore futures hit three-week highs.

The local share price index futures fell 0.1
percent or 5 points to 5,870, a

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