Australia shares likely to open lower, NZ falls

  • 12/14/2021
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Australian shares are set to dip at open on Wednesday, likely brought down by the country"s energy and gold stocks due to weaker commodities prices, while investors take a cautious stance over concerns around the potential economic impact of the Omicron coronavirus. The local share price index futures fell 0.4%, a 27.4-point discount to the underlying S&P/ASX 200 index (.AXJO) close. The benchmark closed flat on Tuesday. New Zealand"s benchmark S&P/NZX 50 index (.NZ50) fell 0.2% to 12,899.04 points in early trade. Reporting by Tejaswi Marthi in Bengaluru Editing by Chris Reese Our Standards: The Thomson Reuters Trust Principles.

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