May 9 (Reuters) - Australian shares are seen trading in a narrow range on Tuesday, with negative leads from weak commodities as concerns about demand in China weighed on prices.
The local share price index futures YAPcm1 rose 0.09 percent, or 5 points, a discount of 3.9 points to the underlying S&P/ASX 200 index .AXJO close.
The benchmark rose 0.6 percent on Monday, after four straight losing sessions. Bank of Australia, the country's biggest, is slated to report third-quarter results later in the day.
New Zealand's benchmark S&P/NZX 50 index .NZ50 slipped 0.08 percent, or 5.79 points, to 7,420.67 in early trade.
Utilities weighed on the index, with energy retailer Mercury NZ MCY.NZ leading losses.
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ For a summary of overnight action across global markets, click on
AU/CALL For a digest of the day's business stories in Australian newspapers, click on
PRESS/AUB
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