Australia shares likely to open lower, NZ inches lower

  • 12/20/2021
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Australian shares are set to fall at the open on Monday, as worries surrounding the Omicron coronavirus variant persist, while a drop in oil prices is likely to weigh on domestic energy stocks. The local share price index futures fell 0.4%, a 127-point discount to the underlying S&P/ASX 200 index (.AXJO) close. The benchmark settled 0.1% higher on Friday. New Zealand"s benchmark S&P/NZX 50 index (.NZ50) fell 0.1% in early trading. Reporting by Harish Sridharan in Bengaluru; Editing by Diane Craft Our Standards: The Thomson Reuters Trust Principles.

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