25 Dec Australian shares set to open higher on Wall Street’s lead; NZ up
Australian shares are expected to open
higher on Thursday on the back of a sharp rebound on Wall
Street, while energy stocks are also set to gain as oil prices
surge.
U.S. stocks gained following the Christmas holiday on
Wednesday, fueled by a surge in retail shares, while oil posted
its strongest daily gain in more than two years.
The local share price index futures rose 0.7
percent, an 80.8-point discount to the underlying S&P/ASX 200
index
higher on Thursday on the back of a sharp rebound on Wall
Street, while energy stocks are also set to gain as oil prices
surge.
U.S. stocks gained following the Christmas holiday on
Wednesday, fueled by a surge in retail shares, while oil posted
its strongest daily gain in more than two years.
The local share price index futures rose 0.7
percent, an 80.8-point discount to the underlying S&P/ASX 200
index
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