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Australia shares set to open up 1.4 pct, rebounding from two-week low
May 24, 2016 / 10:21 PM / a year ago

Australia shares set to open up 1.4 pct, rebounding from two-week low

SYDNEY, May 25 (Reuters) - Australian shares are set to open
up more than 1 percent on Wednesday, rebounding from a two-week
low touched in the previous session, as rising Wall Street
indexes underpinned gains.
    The local share price index futures rose 1.4
percent to 5,371.0, an 75.5-point premium to the underlying
S&P/ASX 200 index close. The benchmark fell 0.44 percent
on Tuesday.
    New Zealand's benchmark S&P/NZX 50 index rose 0.135
percent in early trade.

    
 (Reporting by Colin Packham)

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