01 Jan Australia shares to track Wall St higher; NZ rises
Jan 3 (Reuters) – Australian shares are seen edging higher
on Wednesday after a quiet entry into the year, with investors
expected to take heart from Wall Street’s strong start to 2018.
Material stocks are likely to buoy the Australian market,
riding on a rally in metal prices.
The local share price index futures rose 0.1
percent or 8 points to 6,030, a 31.3-point discount to the
underlying S&P/ASX 200 index close. The benchmark edged
0.1 percent lower
on Wednesday after a quiet entry into the year, with investors
expected to take heart from Wall Street’s strong start to 2018.
Material stocks are likely to buoy the Australian market,
riding on a rally in metal prices.
The local share price index futures rose 0.1
percent or 8 points to 6,030, a 31.3-point discount to the
underlying S&P/ASX 200 index close. The benchmark edged
0.1 percent lower
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