April 13 Australian shares are expected to open
lower on Thursday, with falling commodity prices weighing down
materials and energy stocks.
Oil futures fell on Wednesday after U.S. crude inventory
data suggested the market was still heavily supplied, while
Chinese iron ore and steel futures fell on fears of a supply
Stocks are also expected to track Wall Street, which fell on
pressure from lingering geopolitical concerns and President
Donald Trump's comments on the dollar and interest rates.
The local share price index futures fell 31 points,
or 0.5 percent, to 5896, a 38-point discount to the underlying
S&P/ASX 200 index close. The benchmark rose 0.1 percent
New Zealand's benchmark S&P/NZX 50 index fell 0.04
percent in early trade.
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(Reporting by Ambar Warrick in Bengaluru; Editing by Leslie