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Australia shares expected to open steady; NZ flat
May 9, 2017 / 10:14 PM / 5 months ago

Australia shares expected to open steady; NZ flat

    May 10 (Reuters) - Australian shares are expected to open
relatively flat on Wednesday despite a new tax levied on
Australian banks in the federal budget released late on Tuesday.
    Local share price futures          rose 0.33 percent
overnight, or 19 points, to 5,845 - a 0.1 percent premium to the
underlying S&P/ASX 200 index        . 
    The benchmark lost 0.5 percent in the previous session.
    New Zealand's benchmark S&P/NZX 50 index         was 1.37
points higher at 7,413.49 at 2209 GMT.

    
 (Reporting by Rushil Dutta in Bengaluru)
  
 
 

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