Australian shares are poised to open largely flat on Friday as
buyers are prone to draw back from large bets forward of a
holiday-extended weekend, regardless of a usually constructive broader
setting.
The native share value index futures was up 0.04%, a
6.5-point premium to the underlying S&P/ASX 200 index
shut. The benchmark closed 0.4% increased on Thursday.
New Zealand’s benchmark S&P/NZX 50 index rose 0.4%
to 12,573.79 in early commerce.
(Reporting by Savyata Mishra in Bengaluru; Enhancing by Richard
Chang)
((Savyata.mishra@thomsonreuters.com))
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Key phrases: AUSTRALIA STOCKS/MORNING
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