KM Financial Solutions | Australia shares set to rise; NZ declines

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Australia shares set to rise; NZ declines

01 Sep Australia shares set to rise; NZ declines

Posted at 22:21h in News by KMFSLLP 0 Comments

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Australian shares are poised to inch
higher on Monday on the back of a recovery in iron ore prices,
while investors may be cautious amid a potentially worsening
trade war.
The local share price index futures rose 0.4
percent, a 10.5-point premium to the underlying S&P/ASX 200
index close. The benchmark declined half a percent on
Friday.
New Zealand’s benchmark S&P/NZX 50 index inched 0.5
percent lower.

(Reporting by Karthika Suresh Nambo