February 15, 2017 / 9:18 PM / 6 months ago

Australia shares set to rise marginally; NZ falls

    Feb 16 (Reuters) -    Australian shares are set to inch
higher on Thursday, with financial stocks poised to mirror the
gains of their Wall Street peers.
    Wall Street pushed further into record-high territory on
Wednesday, as better than expected retail sales data for January
kept sentiments upbeat.     
    The local share price index futures          fell 3 points
to 5756.0, a 53-point discount to the underlying S&P/ASX 200
index         close. The benchmark index rose 0.9 percent on
Wednesday.
    New Zealand's benchmark S&P/NZX 50 index         fell 0.2
percent in early trade.
    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 Ambar Warrick in Bengaluru; Editing by Dominic
Evans)
  
 
 

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