May 20, 2019 / 10:10 PM / 7 months ago

Australia shares poised to fall, New Zealand steady

    May 21 (Reuters) - Australian shares are expected to fall on
Tuesday, tracking global peers which slid on worries of a
widening trade standoff between the world's two largest
economies amid the White House's restrictions on Chinese telecom
equipment firm Huawei Technologies        .
    The local share price index futures          fell 0.6% or 41
points to 6,444, a 32.1-point discount to the underlying S&P/ASX
200 index         close. The benchmark surged 1.7% on Monday.
    In New Zealand, the benchmark S&P/NZX 50 index         rose
0.02% at 2206 GMT.

 (Reporting by Shanima A in Bengaluru; 
Editing by Sandra Maler)
  
 
 
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