March 21, 2018 / 9:20 PM / 3 months ago

Australia shares to edge lower; NZ inches up

    March 22 (Reuters) - Australian shares are likely to edge
lower on Thursday, mirroring a fall in U.S. stocks after the
Federal Reserve raised interest rates and forecast at least two
more hikes for 2018.
    The local share price index futures          fell 0.14
percent, or 8 points, to 5,926, a 24.3-point discount to the
underlying S&P/ASX 200 index         close. The benchmark rose
0.2 percent on Wednesday. 
    New Zealand's benchmark S&P/NZX 50 index         inched up
in early trade.

 (Reporting by Christina Martin in Bengaluru
Editing by Hugh Lawson)
  
 
 
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