Australia shares set to extend rally; NZ flat

By Kitco News / January 07, 2018 / www.kitco.com / Article Link

Jan 8 (Reuters) - Australian shares are poised to extend gains to a fourth straight session on Monday after touching 10-year highs last week, following a strong leads from Wall Street.

The S&P 500 and Nasdaq notched their best weekly gains in more than a year on Friday as technology stocks helped lift major indexes to records. The local share price index futures rose 0.3 percent or 18 points to 6,092, a 30.3-point discount to the underlying S&P/ASX 200 index close. The benchmark rose 0.7 percent on Friday.

New Zealand's benchmark S&P/NZX 50 index slipped marginally lower after nudging a fresh record high in early trade.


(Reporting by Chris Thomas in Bengaluru; Editing by Elaine Hardcastle)

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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