off-the-wire

CORRECTED-Australian shares to open marginally higher, NZ falls

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Corrects to say shares likely to open marginally higher, not flat in paragraph 1) May 15 (Reuters) - Australian shares are likely to open marginally higher on Monday even as bearish investor sentiment strengthened further in global markets after a report showed U.S. consumer sentiment slumped to a six-month low in May. The local share price index futures rose 0.1%, a 17.3-point premium to the underlying S&P/ASX 200 index close. The benchmark rose 0.1% on Friday.


New Zealand's benchmark S&P/NZX 50 index was down 0.4% in early trade.
(Reporting by John Biju in Bengaluru; Editing by Cynthia Osterman)


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