October 17, 2016 / 9:26 PM / a year ago

Australia shares to open a touch lower; NZ hits 3-mth low

Oct 18 (Reuters) - Australian shares are expected to edge
lower on Tuesday adding to four straight days of losses, with
weaker oil prices weighing on oil and gas producers.
    The local share price index futures nudged up 0.1
percent at 5372 points, a 16.7-point discount to the underlying
S&P/ASX 200 index close.  The benchmark on Monday closed
down 0.8 percent or 45.33 points at 5,388.7, its lowest in
almost three weeks.
    New Zealand's benchmark S&P/NZX 50 index slid down
as much as 0.44 percent or 31 points to 7,035.4 in early trade,
its lowest since July 11.
    
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 (Reporting by Justin George Varghese; Editing by Lisa Shumaker)

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