July 13, 2020 / 10:32 PM / a month ago

Australia shares set to fall on second-wave coronavirus fears; NZ up

Australian shares are set to open lower on Tuesday as a growing
cluster in the country's most populous state fanned fears of a
second wave of the coronavirus.  
    New South Wales on Monday reported 14 new cases of COVID-19
at a pub used by freight drivers. Last week, the neighbouring
state of Victoria went back into lockdown after a surge in
infections.             
    The local share price index futures          fell 0.8, an
85.5-point discount to the underlying S&P/ASX 200 index        
close. The benchmark rose 1% on Monday. 
    New Zealand's benchmark S&P/NZX 50 index         rose 0.3%
in early trade. 

 (Reporting by Arundhati Dutta in Bengaluru; Editing by Sandra
Maler)
  
 
 
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