Australia shares to open flat, NZ rises

Credit: REUTERS/DAVID GRAY

Australian shares are poised to open largely flat on Friday as investors are likely to shy away from big bets ahead of a holiday-extended weekend, despite a generally positive broader environment.

Australian shares are poised to open largely flat on Friday as investors are likely to shy away from big bets ahead of a holiday-extended weekend, despite a generally positive broader environment.

The local share price index futures was up 0.04%, a 6.5-point premium to the underlying S&P/ASX 200 index close. The benchmark closed 0.4% higher on Thursday.

New Zealand's benchmark S&P/NZX 50 index rose 0.4% to 12,573.79 in early trade. (Reporting by Savyata Mishra in Bengaluru; Editing by Richard Chang) ((Savyata.mishra@thomsonreuters.com)) ((For more information on DIARIES & DATA: U.S. earnings diary [RESF/US] Wall Street Week Ahead [.N/O] Global Economy Week Ahead [DATA/] ................................................................ For latest top breaking news across all markets

[NEWS1])) Keywords: AUSTRALIA STOCKS/MORNING

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