January 8, 2017 / 9:26 PM / 2 years ago

Australia shares likely to open higher, NZ flat

Jan 9 (Reuters) - Australian shares are expected to trade
higher on Monday, mirroring gains on Wall Street that saw the
Nasdaq and S&P500 hit record-highs on Friday, boosted by Apple
    The record trading session followed a U.S. Labor Department
report that showed the economy added fewer-than-expected jobs
last month but wages increased, suggesting resilience in the
labor market.[ nL1N1EV1GW]
    The local share price index futures rose 0.2 pct to
5,730, a 25.6 point discount to the underlying S&P/ASX 200 index
 close. The benchmark rose 0.04 percent on Friday.
    New Zealand's benchmark S&P/NZX 50 index was flat 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 Sindhu Chandrasekaran in Bengaluru; Editing by
Alexandra Hudson)
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