April 21 Australian shares are expected to perk
up on Friday, cheered by a rally on Wall Street and improving
iron ore prices.
Nasdaq ended at a record high on solid corporate earnings
led by credit card company American Express .
Iron ore snapped a three-day rout and jumped 3.1 percent
while oil prices ended mixed.
The local share price index futures edged up 30
points, or 0.5 percent, to 5,833, an 11.6-point premium to the
underlying S&P/ASX 200 index close. The benchmark gained
0.3 percent on Thursday.
New Zealand's benchmark S&P/NZX 50 index rose 0.1
percent, or 10.16 points to 7,198.21 in early trade.
(Reporting by Hanna Paul in Bengaluru; Editing by Leslie Adler)