off-the-wire

Australia shares poised to edge higher, NZ up

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 28 (Reuters) - Australian shares are poised to open marginally higher on Friday with likely gains in energy stocks expected to aid the resource-heavy bourse as oil prices surged overnight, though signs of a dampening global economy may weigh on sentiment.


The local share price index futures rose 0.8%, a 54.3-point premium to the underlying S&P/ASX 200 index close. The benchmark ended 0.3% lower on Thursday.


New Zealand's benchmark S&P/NZX 50 index rose 0.1% to 11,932.8 points in early trade.



(Reporting by Roushni Nair in Bengaluru; Editing by Leslie Adler)


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