September 16, 2018 / 10:28 PM / 6 months ago

Australia shares set to open week steady; New Zealand down

    Sept 17 (Reuters) - Australian shares are set to open flat
on Monday, in line with Wall Street, which ended little changed
on Friday over concerns about the possible escalation of
Sino-U.S. trade tensions.
    U.S. President Donald Trump directed aides on Friday to
place U.S. tariffs on about $200 billion more of Chinese goods,
triggering new worries about a trade war between the world's
biggest economies.            
    The local share price index futures          rose 0.097
percent or 6 points to 6,180, a 14.7-point premium to the
underlying S&P/ASX 200 index         close. The benchmark rose
0.6 percent on Friday. 
    New Zealand's benchmark S&P/NZX 50 index         was down
0.21 percent at 2215 GMT.

 (Reporting by Shanima A in Bengaluru; Editing by Peter Cooney)
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