May 12 (Reuters) - Australian shares are expected to open subdued on Friday, after two straight sessions of gains, tracking a slide on Wall Street.
The local share price futures index YAPcm1 fell 0.15 percent, or 9 points, to 5,856, a 22.3-point discount to the underlying S&P/ASX 200 index .AXJO close.
The benchmark ended flat on Thursday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.13 percent, or 10.03 points, to 7,479.68 at 2206 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