October 12, 2017 / 9:10 PM / 9 days ago

Australia shares to tick lower; NZ flat

    Oct 13 (Reuters) - Australian shares are set to edge down on
Friday, tracking a weaker overnight lead-in from Wall Street,
while materials stocks are expected to fall on softer commodity
prices.
    Wall Street ended down on Thursday as bank stocks stumbled,
with results from JPMorgan Chase & Co         and Citigroup
      stoking concerns about consumer credit.     
    The local share price index futures          fell 2 points
to 5,766.0, a 28.5-point discount to the underlying S&P/ASX 200
index         close. The benchmark rose 0.4 percent on Thursday.
    New Zealand's benchmark S&P/NZX 50 index         fell 0.01
percent in early trade.

 (Reporting by Ambar Warrick in Bengaluru)
  
 
 

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