Feb 16 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
New Zealand's benchmark S&P/NZX 50 index fell 0.2
percent in early trade.
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(Reporting by Ambar Warrick in Bengaluru; Editing by Dominic