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Company News

Australia shares likely to open flat; NZ rises

    Oct 12 (Reuters) - Australian shares are likely to open flat
on Monday, having posted their best week in six months last
week, as investors await developments on U.S. stimulus talks and
local earnings and production results.
    The local share price index futures          fell 0.08% as
of 2123 GMT, an 11.2-point discount to the underlying S&P/ASX
200 index         close. The benchmark was largely flat on
Friday.
    New Zealand's benchmark S&P/NZX 50 index         rose 0.24%
to 12,309.7 in early trade.
    
       

 (Reporting by Soumyajit Saha in Bengaluru; Editing by Peter
Cooney)
  
 
 
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