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KM Financial Solutions | Australia shares set to slip on weak oil, Dalian iron ore prices; NZ up
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Australia shares set to slip on weak oil, Dalian iron ore prices; NZ up

27 Aug Australia shares set to slip on weak oil, Dalian iron ore prices; NZ up

Posted at 22:22h in News by
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Australian shares are set to slip on
Wednesday on weakness in oil and iron ore futures traded in
Dalian, China on Tuesday.
Profit taking led to Brent crude futures dipping 0.3
percent to settle at $75.95 a barrel on Tuesday, auguring for
potential weakness in Australian energy stocks , while
local materials stocks may be affected by January iron
ore on the Dalian Commodity Exchange slipping 0.5
percent to 482 yuan a tonne.

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