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Australia shares expected to perk up, NZ flat
September 24, 2017 / 9:09 PM / 3 months ago

Australia shares expected to perk up, NZ flat

    Sept 25 (Reuters) - Australian shares are expected to pick
up on Monday backed by firm oil prices and a positive finish
last week on Wall Street.
    Oil prices ended about 1 percent higher on Friday as OPEC
members said they may wait till January to make a decision about
the extension of output cuts.      
    Wall Street ended marginally higher on Friday as worries
about Washington's latest healthcare legislation proposal lost
steam.     
    The local share price index futures          rose 0.123
percent, or 7 points, to 5,679, a 3.1-point discount to the
underlying S&P/ASX 200 index         close. The benchmark rose
0.5 percent on Friday.
    New Zealand's benchmark S&P/NZX 50 index         was flat in
early trade.
    

 (Reporting by Hanna Paul in Bengaluru; Editing by Peter Cooney)
  
 
 

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