Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Australian shares expected to extend losses, NZ stocks slip

Published 14/09/2016, 08:18 am
© Reuters.  Australian shares expected to extend losses, NZ stocks slip
AXJO
-

SYDNEY, Sept 14 (Reuters) - Australian shares are likely to open lower on Wednesday, extending losses into a fifth session, as declining Wall Street pushed the Australian index to its weakest in two months.

The share price index futures YAPcm1 fell 0.2 percent to 5,183, a 24.8-point discount to the close of the underlying S&P/ASX200 index .AXJO on Tuesday. The benchmark eased 0.2 percent in the last session, having touched its lowest in two months.

New Zealand's benchmark S&P/NZX 50 index .NZ50 edged down 0.3 percent in early trade following four sessions of losses.

It touched a six-week trough on Tuesday.

For a summary of overnight action across global markets, double click on AU/CALL

For a digest of the day's business stories in Australian newspapers, double click on PRESS/AUB

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.