Sept 14 (Reuters) - Australian shares are set to recover on Friday following a rise in global equities as signs of movement in Sino-U.S. trade talks caused risk appetite to improve.
Local financial stocks .AXFJ are due for a recovery after hitting a near 3-month low on Thursday. The sector has been heavily sold off amidst an ongoing inquiry.
The local share price index futures YAPcm1 rose 27 points to 6158, a 29.3-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell nearly 0.8 percent in its previous session.
New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.3 percent in early trade.
Add a Comment
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.