September 14, 2017 / 10:17 PM / in a year

Australia shares set to trade in a narrow range, NZ flat

    Sept 15 (Reuters) - Australian shares are expected to
shuffle sideways on Friday, reflecting the mixed stance on Wall
Street where the Dow struck a record high while the S&P 500 and
Nasdaq edged lower.
    Oil prices picked up while iron ore prices sank after data
showed that China's crude steel output hit a record in August.
    The local share price index futures          rose 0.12
percent, or 7 points to 5,742, a 3.3-point premium to the
underlying S&P/ASX 200 index         close. The benchmark fell
0.1 percent on Thursday.
    New Zealand's benchmark S&P/NZX 50 index         was little
changed in early trade.

 (Reporting by Hanna Paul in Bengaluru; Editing by xx)
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