off-the-wire

Australian shares set to open lower; NZ down

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 29 (Reuters) - Australian shares were poised to open lower on Wednesday, tracking their peers on Wall Street as comments from a top U.S. regulator on struggling banks weighed on investor sentiment.


The local share price index futures fell 0.4%, a 6.1-point discount to the underlying S&P/ASX 200 index close. The benchmark rose over 1% on Tuesday. New Zealand's benchmark S&P/NZX 50 index fell 0.6% to 11,704.9 points in early trade.



(Reporting by Rishav Chatterjee in Bengaluru; Editing by Leslie Adler)


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