June 4, 2018 / 10:10 PM / 4 months ago

Australia shares to fall on energy, material stocks; NZ climbs

    June 5 (Reuters) - Australia shares are expected to lose
steam on Tuesday, with oil prices and iron-ore shedding about 2
percent each, presenting a threat to energy and material stocks.
    The local share price index futures          fell 0.4
percent, a 22.5-point discount to the underlying S&P/ASX 200
index         close. The benchmark climbed 0.6 percent on
Monday.
    New Zealand's benchmark S&P/NZX 50 index         rose 0.7
percent in early trade.
    
       

 (Reporting by Karthika Suresh Namboothiri in Bengaluru)
  
 
 
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