off-the-wire

Australia shares likely to ease; NZ falls

Kitco Media
By Reuters
Published:
Updated:
Reuters
May 12 (Reuters) - Australian shares are set to slide marginally on Friday as domestic oil and gas majors may track a slump in oil prices overnight, while investors digested rising jobless claims and inflation data in the United States.


The local share price index futures slipped 0.1% to a 4.9-point discount to the underlying S&P/ASX 200 index close. The benchmark closed 0.1% lower on Thursday.


New Zealand's benchmark S&P/NZX 50 index fell 0.1% by 2230 GMT.



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

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