KM Financial Solutions | Australia shares to edge lower; NZ inches up

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Australia shares to edge lower; NZ inches up

20 Mar Australia shares to edge lower; NZ inches up

Posted at 21:19h in News by KMFSLLP 0 Comments

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March 22 (Reuters) – Australian shares are likely to edge
lower on Thursday, mirroring a fall in U.S. stocks after the
Federal Reserve raised interest rates and forecast at least two
more hikes for 2018.
The local share price index futures fell 0.14
percent, or 8 points, to 5,926, a 24.3-point discount to the
underlying S&P/ASX 200 index close. The benchmark rose
0.2 percent on Wednesday.
New Zealand’s benchmark S&P/NZX 50 index inched up
in early trade.

(