SYDNEY: Australian shares are poised to open lower on Wednesday under pressure from a weaker Wall Street, which fell on expectations of an interest rates rise.
The local share price index futures fell 0.5 percent to 5,369.0, a 26.8 point discount to the underlying S&P/ASX 200 index close. The benchmark rose 0.7 percent on Tuesday.
New Zealand’s benchmark S&P/NZX 50 index fell 0.225 percent in early trade.
Copyright Reuters, 2016
Courtesy : BRecorder