Australia, NZ: NZ stocks drift up, Australia set for quiet start
[SYDNEY] New Zealand stocks opened a touch firmer on Monday while their Australian counterparts are set to follow suit though many will be looking for fresh inspiration after a weekend meeting of G-20 policymakers ended with no new action to spur global growth.
New Zealand's benchmark S&P/NZX 50 index edged up 0.2 per cent, or 11.8 points, to 6,236.75 in early trade. It was at its highest level in nearly two months.
Pointing to a pedestrian start for Australia, share price index futures drifted up 0.1 per cent to 4,860.0, a 20-point discount to the underlying S&P/ASX 200 index close. The benchmark slid 1.5 per cent last week.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in
Singapore stocks track Wall Street gains on Tuesday; STI up 1.5%
UBS lifts Chinese stocks to overweight in rare upgrade call
Asia: Most markets rise with earnings, US data in view
Singapore banks lead market surge again on easing Middle East tensions; STI up 1%
Stocks to watch: Clar, Keppel Reit, ESR-Logos Reit, Nanofilm, LHN