April 30, 2020 / 10:26 PM / a month ago

Australia shares poised to skid at open, NZ rises

    May 1 (Reuters) - Australian shares were set to tumble on
Friday, tracking a broad sell-off on Wall Street overnight amid
profit-taking and as dismal U.S. unemployment data again
highlighted the economic pain from the coronavirus pandemic.
    The local share price index futures          fell 2.2%, a
105.4-point discount to the underlying S&P/ASX 200 index        
close. The benchmark ended 2.4% higher on Thursday.
    New Zealand's main S&P/NZX 50 bourse         rose 0.2% in
early trade.

 (Reporting by Shashwat Awasthi in Bengaluru)
  
 
 
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