Australian shares are expected to fall on Wednesday, dragged by energy stocks taking a hit from a dive in oil prices, as fears of a slowdown in global economy and subsequent oil demand outweighed OPEC's promise of extending supply cuts.
The local share price index futures fell 0.2pc or 11 points, a 61.2-point discount to the underlying S&P/ASX 200 index
close.
The benchmark inched up 0.08pc to 6,653.20 on Tuesday.
New Zealand's benchmark S&P/NZX 50 index fell 0.1pc in early trade.
Comments
Comments are closed.