May 26 (Reuters) - Australian shares were expected to open flat on Friday as the positive sentiment from Wall Street may be offset by a decline in iron ore, gold and oil prices, putting some pressure on commodity and energy stocks.
The local share price index futures YAPcm1 was down 0.05 percent, or 3 points to 5,792, a 2.4-point premium to the underlying S&P/ASX 200 index .AXJO close.
The benchmark had closed 0.36 percent higher on Thursday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 7.73 points, or 0.1 percent, to 7,426.74 at 2202 GMT.
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