September 29, 2016 / 10:32 PM / 10 months ago

Australia shares set to open lower following Wall Street, NZ down

1 Min Read

Sept 30 (Reuters) - Australian shares are set to snap two
consecutive sessions of gains on Friday, following a sharp fall
on Wall Street, offsetting support from rising oil prices.
    The local share price index futures fell 0.6
percent, or 34 points, to 5,429, a 42.3-point discount to the
underlying S&P/ASX 200 index close. The benchmark closed
up 1.1 percent on Thursday.
    New Zealand's benchmark S&P/NZX 50 index was down
0.6 percent, or 43.67 points, at 7,299.78, at 2200 GMT. 
    The benchmark ended 0.7 percent higher in the previous
session.
    
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 Krishna V Kurup in Bengaluru)

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