April 23, 2018 / 10:15 PM / a month ago

Australian shares poised to inch higher; NZ down

    April 24 (Reuters) - Australian shares are set to open
marginally higher on Tuesday, helped by a rebound in oil prices
and with iron ore prices buoyed by increasing construction
demand in the world's top steel consumer, China.   
    The local share price index futures          rose 6 points
to 5,874.0, a 12-point discount to the underlying S&P/ASX 200
index         close. The benchmark rose 0.3 percent on Monday.
    Australia's quarterly consumer price data is expected to be
published later in the day. 
    New Zealand's benchmark S&P/NZX 50 index         fell
slightly, down 1.86 points, at 2209 GMT.

 (Reporting by Devika Syamnath in Bengaluru
Editing by Tom Brown)
  
 
 
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