May 16 Australian shares are seen rising on
Tuesday tracking a gain in Wall Street as well as higher metal
and oil prices.
Iron ore, copper, and gold rose in their previous session,
while oil prices climbed 2 percent.
The local share price index futures rose 0.3
percent, or 17 points to 5,853, a 3.4-point discount to the
underlying S&P/ASX 200 index close.
The benchmark closed 0.03 percent higher on Monday.
New Zealand's benchmark S&P/NZX 50 index was up 0.1
percent, or 8.65 points to 7,438.59 at 2203 GMT.
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(Reporting by Susan Mathew in Bengaluru; Editing by Chris