Australian shares likely to open higher, NZ down

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 3 (Reuters) - Australian shares are on track to open higher on Friday, likely helped by miners on higher iron ore prices and positive cues from Wall Street overnight, with investors looking ahead to the local central bank policy meeting next week. The local share price index futures rose 0.4%, a 25.4-point discount to the underlying S&P/ASX 200 index close. The benchmark ended 0.1% higher on Thursday.


New Zealand's benchmark S&P/NZX 50 index was down 0.3% in early trade.



(Reporting by John Biju in Bengaluru Editing by Chris Reese)


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