November 5, 2017 / 9:25 PM / 13 days ago

Australia shares to open up; NZ flat

    Nov 6 (Reuters) - Australian shares are expected to edge
higher on Monday, after oil prices touched a two-year high in
the previous session and Wall Street moved higher.
    Oil prices rose on Friday, strengthening after U.S. rig data
suggested drilling in the United States would throttle back.
     
    The local share price index futures          rose 0.26
percent, or 16 points, to 5,955, a 4.9-point discount to the
underlying S&P/ASX 200 index         close. The benchmark rose
0.5 percent on Friday.
    New Zealand's benchmark S&P/NZX 50 index         rose 0.057
percent in early trade.
    
       

 (Reporting by Sandhya Sampath in Bengaluru; editing by Jason
Neely)
  
 
 

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