December 28, 2016 / 9:20 PM / in a year

Australia shares expected to edge lower; NZ inches up

Dec 29 (Reuters) - Australian shares are expected to slide
on Thursday, tracking losses on Wall Street.
    The local share price index futures fell 0.3
percent to 5,631 points, a 54-point discount to the underlying
S&P/ASX 200 index close. The benchmark ended 1 percent
higher on Wednesday.
    New Zealand's benchmark S&P/NZX 50 index rose 0.088
percent in early trade.
For a summary of overnight action across global markets, double
click on 
For a digest of the day's business stories in Australian 
newspapers, double click on 

 (Reporting by Hanna Paul in Bengaluru; Editing by Alison

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