Australia shares set to open higher on Sino-U.S. trade talk optimism

DN Bureau
Thursday, September 26, 2019 10:50 AM

Australian shares are poised to open higher on Thursday, tracking an upbeat Wall Street session, after U.S. President Donald Trump said a trade deal with China could happen sooner than expected.

Sydney: Australian shares are poised to open higher on Thursday, tracking an upbeat Wall Street session, after U.S. President Donald Trump said a trade deal with China could happen sooner than expected.

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The local share price index futures rose 0.21%, a 8.2-point discount to the underlying S&P/ASX 200 index close. The benchmark fell 0.6% on Wednesday.

New Zealand's benchmark S&P/NZX 50 index rose 0.4% in early trade. (Reuters)

Also Read | Australia PM joins Trump calling for China to drop 'developing economy' status