March 23, 2020 / 9:45 PM / 16 days ago

Australian shares to open slightly higher, NZ falls

    March 24 (Reuters) - Australian shares are set to open
slightly higher on Tuesday as an aggressive credit boost by the
Federal Reserve added to a worldwide effort to fight the
coronavirus pandemic that could push the global economy deep
into recession.
    The local share price index futures          rose 0.9%, a
24-point discount to the underlying S&P/ASX 200 index        
close. The benchmark slid 5.6% on Monday to finish at a more
than seven-year low. 
    New Zealand's benchmark S&P/NZX 50 index         shed 0.9%
in early trade. 
    
       

 (Reporting by A K Pranav in Bengaluru
Editing by Chris Reese)
  
 
 
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