22 Nov Australia shares to open flat; NZ up
Australian shares are likely to open relatively flat on Friday
as the slump in Chinese stocks is expected to weigh on investors
risk sentiment.
Worries over a sustained bond selloff in China bled into the
country’s stock markets on Thursday, dealing blue chips their
worst one-day loss in nearly 18 months, as investors reacted to
the government’s latest measures to reduce risks in the
financial system.
Consumer stocks are expected to be one of the biggest drags
on the index as globa
as the slump in Chinese stocks is expected to weigh on investors
risk sentiment.
Worries over a sustained bond selloff in China bled into the
country’s stock markets on Thursday, dealing blue chips their
worst one-day loss in nearly 18 months, as investors reacted to
the government’s latest measures to reduce risks in the
financial system.
Consumer stocks are expected to be one of the biggest drags
on the index as globa
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