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Australia shares set for a positive start; NZ falls

  • New Zealand's benchmark S&P/NZX 50 index inched down 0.09% to 12,570.29 points in early trade.
Published June 17, 2021

Australian shares are set to open higher on Thursday, likely gaining from firmer energy stocks on strong oil prices, though gains may be capped by a negative mood on Wall Street overnight as the US central bank projected interest rate hikes for 2023.

The local share price index futures added 0.08%, a 7.8-point premium to the underlying S&P/ASX 200 index close. The benchmark scaled a record high during Wednesday's session, closing 0.09% up.

New Zealand's benchmark S&P/NZX 50 index inched down 0.09% to 12,570.29 points in early trade.

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