SYDNEY: Australian shares are expected to tread water on Friday after Wall Street pulled back from record levels, while New Zealand equities drifted a touch lower, having struck an all-time peak in the last session.
Local share price index futures fell 0.6 percent to 5,451 points, a 61.4-point discount to the close of the underlying S&P/ASX 200 index on Thursday.
The benchmark climbed to a near one-year high in the last session, having added 1.5 percent so far this week.
New Zealand’s benchmark S&P/NZX 50 index inched down just below 7,200, having scaled a fresh peak on Thursday amid growing expectations of further monetary easing this year.
Copyright Reuters, 2016
Courtesy : BRecorder