March 27 Australian shares are expected to open
lower on Monday, tracking Wall Street's move last Friday, which
fell after Republicans pulled their bill to overhaul the U.S.
Losses in commodities prices are also expected to weigh on
the benchmark index , as Chinese steel and iron ore
futures fell for a fourth day on Friday, adding to a nearly
The local share price index futures was down 0.017
percent or 1 point to 5,748, a 5.5-point discount to the
underlying S&P/ASX 200 index close. The benchmark
climbed 0.8 percent on Friday.
New Zealand's benchmark S&P/NZX 50 index rose 0.16
percent or 11.49 points to 7085.32 at 2121 GMT.
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(Reporting by Sandhya Sampath in Bengaluru; editing by Diane