off-the-wire

Australia shares set to open slightly lower, NZ down

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 20 (Reuters) - Australian shares were expected to edge slightly lower on Thursday following a mixed set of earnings reports from big U.S. companies while signals of a high-inflation environment dampened investor sentiment. The local share price index futures fell 0.1%, a 4.5-point premium to the underlying S&P/ASX 200 index close. The benchmark rose 0.1% on Wednesday.


New Zealand's benchmark S&P/NZX 50 index fell 0.3% to 11,882.2 points in early trade.



(Reporting by Rishav Chatterjee in Bengaluru; Editing by Christian Schmollinger)


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