Australia shares to tick lower; NZ flat

Australia shares to tick lower; NZ flat

Reuters  | Oct 13, 2017 08:10

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 (NYSE:JPM) JPM.N and Citigroup (NYSE:C) C.N stoking concerns about consumer credit. .N

The local share price index futures YAPcm1 fell 2 points to 5,766.0, a 28.5-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.4 percent on Thursday.

New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.01 percent in early trade.

Related News

Latest comments

Add a Comment
Please wait a minute before you try to comment again.
Discussion
Write a reply...
Please wait a minute before you try to comment again.

Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading in financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk, and is not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn't bear any responsibility for any trading losses you might incur as a result of using this data.

English (USA) English (UK) English (India) English (Canada) English (South Africa) Deutsch Español (España) Español (México) Français Italiano Nederlands Português (Portugal) Polski Português (Brasil) Русский Türkçe ‏العربية‏ Ελληνικά Svenska Suomi עברית 日本語 한국어 中文 香港 Bahasa Indonesia Bahasa Melayu ไทย Tiếng Việt
Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes

+