Reuters logo
Australia shares set for quiet start, NZ stocks subdued
February 21, 2016 / 9:32 PM / 2 years ago

Australia shares set for quiet start, NZ stocks subdued

SYDNEY, Feb 22 (Reuters) - Australian shares are set for a
quiet start on Monday, tracking a flat session on Wall Street,
but natural resources stocks could receive a boost from a rise
in metal prices.
    Global miner BHP Billiton is expected to open
around 1 percent higher after a gain in its U.S. ADRs.
    Local share price index futures, at 4,919, were
unchanged from the close of the underlying S&P/ASX 200 index
 on Friday.
    The benchmark jumped nearly 4 percent last week, reversing
the previous week's losses.
    Earnings season continues with Boart Longyear,
Bluescope Steel, UGL, NIB and Spark
Infrastructure due to release results.
    New Zealand's benchmark S&P/NZX 50 index edged lower
in early trade, having jumped 3.5 percent last week.
    For a summary of overnight action across global markets,
double click on 
    For a digest of the day's business stories in Australian 
newspapers, double click on 

 (Reporting by Cecile Lefort; Editing by Kevin Liffey)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below