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Australia shares set to open higher, NZ rises

Alex Lowe by Alex Lowe
January 12, 2022
in US Stocks
0

Home » Australia shares set to open higher, NZ rises

Jan 12 (Reuters) – Australia shares are expected to open higher on Wednesday, likely lifted by gains in the resource-reliant indexes on strong commodity prices, even as worries around surging COVID-19 cases and tighter monetary policies persist.

The local share price index futures rose 0.9%, but were at a 34.1-point discount to the underlying S&P/ASX 200 index (.AXJO) close. The benchmark fell 0.8% on Tuesday.

New Zealand’s benchmark S&P/NZX 50 index (.NZ50) added 0.1% to 12,843.40 points in early trade.

Register now for FREE unlimited access to Reuters.com

Reporting by Yamini C S in Bengaluru; Editing by Devika Syamnath

Our Standards: The Thomson Reuters Trust Principles.

Stock Market, Latest News on C N N.

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Tags: AsiaAUAUNZBISVBISV08BLRBSVCCOVIDDow JonesDRVFINFINSFINS08GENHEAHUMDISINFDISINVBISINVS08MEDSTMKTREPNasdaqnzrepSTXTOPCMBTOPNWSWall Street
Alex Lowe

Alex Lowe

Alex is a financial writer covering forex. He is a expert financial journalist whose credits include Bloomberg, FT of London, Chicago Tribune. Contact: [email protected]

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