KM Financial Solutions | Australian stocks set for weak open, New Zealand rises
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Australian stocks set for weak open, New Zealand rises

Australian stocks set for weak open, New Zealand rises

Australian shares are set to start the
week on a low note as investor appetite for equities remains
fragile, with a crash in oil prices last week providing fresh
sell-side pressure.
The local share price index futures fell 37 points
to 5,666, a 50.2-point discount to the underlying S&P/ASX 200
index close, which edged up on Friday.
New Zealand’s benchmark S&P/NZX 50 index rose 0.2
percent in early trade.

(Reporting by Ambar W

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