Australia shares seen flat as Wall St pauses for breath; NZ up

By Kitco News / January 08, 2018 / www.kitco.com / Article Link

Jan 9 (Reuters) - Australian shares are expected to be little changed at open on Tuesday as a blistering run on Wall Street, which the local index often looks to for cues, lost steam with healthcare and financial stocks weighing on major indexes.

U.S. indexes barely moved on Monday as investors took a breather ahead of earnings season and after a strong start to 2018. The Australian local share price index futures rose 0.1 percent or 8 points to 6,089, a 41.4-point discount to the underlying S&P/ASX 200 index close. The benchmark rose 0.1 percent to close at a 10-year high on Monday.

New Zealand's benchmark S&P/NZX 50 index rose 0.1 percent in early trade.


(Reporting by Chris Thomas in Bengaluru; Editing by Alison Williams)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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