May 15, 2017 / 10:15 PM / 4 months ago

Australia shares set to open higher, NZ up

    May 16 (Reuters) - 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.
    
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 Susan Mathew in Bengaluru; Editing by Chris
Reese)
  
 
 

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