April 11, 2019 / 10:15 PM / 2 months ago

Australian shares set to bounce back on miner gains, NZ edges lower

    April 12 (Reuters) - Australian shares were poised to open
higher on Friday, as the resource-heavy market stands to benefit
from higher Chinese iron ore prices on expectations of strong
demand in top consumer China.
    The local share price index futures          rose 0.3
percent, a 7.3-point premium to the underlying S&P/ASX 200 index
        close. The benchmark fell 0.4 percent on Thursday.
    New Zealand's benchmark S&P/NZX 50 index         inched down
0.1 percent or 10.13 points to 9,756.47 in early trade.

 (Reporting by Aby Jose Koilparambil in Bengaluru
Editing by Chris Reese)
  
 
 
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