Australian shares poised to open higher, NZ down

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 31 (Reuters) - Australian shares were set to extend gains on Friday, likely boosted by a jump in resources stocks on the back of firmer commodity prices, with a strong showing on Wall Street also likely to prop up local stocks. The local share price index futures rose 0.5%, a 55.7-point premium to the underlying S&P/ASX 200 index close. The benchmark rose by over 1% on Thursday.


New Zealand's benchmark S&P/NZX 50 index fell 0.2% to 11,907.6 points in early trade.



(Reporting by Rishav Chatterjee in Bengaluru Editing by Chris Reese)


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