Monday, July 4, 2016

NZ shares open higher, Australian shares seen lower

SYDNEY, July 5 (Reuters) - New Zealand shares opened higher

on Tuesday, but Australian shares are set to open slightly

lower, as uncertainty following the nation's inconclusive

general election weighs on markets.

Australia's central bank is also expected to leave interest

rates on hold at their meeting on Tuesday.

Australian share price index futures fell 0.2

percent to 5,237 points, a 44.8-point discount to the underlying

S&P/ASX 200 index close. The benchmark rose 0.67 percent

on M

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