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KM Financial Solutions | Australian shares set to inch up, NZ unchanged
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Australian shares set to inch up, NZ unchanged

08 Aug Australian shares set to inch up, NZ unchanged

Posted at 22:13h in News by
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Australian shares are expected to rise on
Friday, although gains are likely to be capped ahead of a slew
of corporate earnings in the coming week.
Material stocks are also expected to trade higher on
stronger commodity prices, with mining heavyweight Rio Tinto
set to recover from a 1.6 percent drop in the previous
session.
The local share price index futures rose 10 points
to 6,249, a 48.7-point discount to the underlying S&P/ASX 200
index

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