July 12 () – Australian shares are likely to open
lower on Friday, as risk sentiment dampened over concerns of
slowing global growth ahead of trade data from China, while
lower oil and iron ore prices are seen hurting mining and energy
The local share price index futures slipped 0.39%,
an 88.1-point discount to the underlying S&P/ASX 200 index
close. The benchmark advanced 0.4% to 6,716.1 on
New Zealand’s benchmark S&P/NZX 50 index fell 0.1%
in early trade.
(Reporting by Nikhil Subba in Bengaluru; Editing by Peter
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