25 Aug Australia shares set to start week on even keel, NZ inches up
Australian shares are set to start Monday
and the week on a steady note, after a tumultuous prior week
featured Scott Morrison, the country’s treasurer since 2015,
being named prime minister.
A 1.5 percent rise in Brent crude prices on Friday
may underpin local energy stocks on Monday while
materials stocks may take heart from iron ore futures
traded in Dalian, China gaining 0.3 percent on Friday,
stemming a three-day fall.
and the week on a steady note, after a tumultuous prior week
featured Scott Morrison, the country’s treasurer since 2015,
being named prime minister.
A 1.5 percent rise in Brent crude prices on Friday
may underpin local energy stocks on Monday while
materials stocks may take heart from iron ore futures
traded in Dalian, China gaining 0.3 percent on Friday,
stemming a three-day fall.
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