SYDNEY, June 28 (Reuters) - Australian shares look set to lose ground on Tuesday following global stock market losses overnight amid continued fallout from the UK's Brexit vote last week.
The local share price index futures YAPcm1 fell 1.3 percent, a 136.2-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark edged up 0.47 percent on Monday, to 5,137.2 at the close of trade, following a 3 percent drop on Friday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 0.19 percent to 6,673.95 in early trade.
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ 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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