SYDNEY: Australian shares are set to open lower on Wednesday, losing nearly half the gains achieved in the previous session.
The local share price index futures eased 0.3 percent to 4,829.0, a 74-point discount to the underlying S&P/ASX 200 index .AXJO. The benchmark rose 0.74 percent on Tuesday, a day after hitting a 2-1/2 year closing low.
New Zealand’s benchmark S&P/NZX 50 index was little changed in early trade.
Copyright Reuters, 2016
Courtesy : BRecorder