Australian Shares Set to Open Flat, NZ Up
Australian Shares Expected to Open Flat
Australian shares are set to remain steady on Wednesday as falling commodity prices drag on mining stocks, offset by firmer oil prices boosting energy stocks. Investors await the monthly inflation print due later in the day.
Market Outlook
The local share price index futures fell 0.04%, a 19.2-point premium to the underlying S&P/ASX 200 index. The benchmark declined 0.4% on Tuesday.
New Zealand Market
New Zealand's benchmark S&P/NZX 50 index rose 0.3% in early trade.
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