Monday, April 18, 2016

Australia stocks seen rallying, NZ shares hover near record high

SYDNEY, April 19 (Reuters) - Australian shares are set to

gain on Tuesday, tracking a rise on Wall Street, with rising

commodity prices likely to support natural resource stocks.

Global mining giant BHP Billiton is expected to

open 3.2 percent higher based on the closing of its U.S. ADRs,

while investors digested Rio Tinto's production report

released earlier in the session.

Local share price index futures rose 1 percent to

5,182.0, which was a 44.9-point premium to the close of the

unde

Read more

No comments:

Post a Comment