July 14, 2020 / 10:29 PM / a month ago

Australia shares set to chase Wall Street higher, NZ up

    July 15 (Reuters) - Australian shares are tipped to open
higher on Wednesday, chasing Wall Street where materials and
energy stocks helped major indices close higher on Tuesday.
    Reports of a "productive" first round of trade talks with
Britain were also likely to boost sentiment, despite Australian
states tightening restrictions to contain a fresh coronavirus
outbreak.             
    The local share price index futures          rose 0.5%, a
0.1-point discount to the underlying S&P/ASX 200 index        
close. The benchmark fell 0.6% on Tuesday. 
    New Zealand's benchmark S&P/NZX 50 index         rose 0.3%
to 11,531.43 points in early trade. 
    
       

 (Reporting by Arundhati Dutta in Bengaluru
Editing by Chris Reese)
  
 
 
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