Australia shares to open subdued following Wall St; NZ lower

Jan 30 (Reuters) - Australian shares are expected to open

lower on Monday tracking a weaker Wall Street after soft

economic data.

U.S. economic growth slowed more than expected in the fourth

quarter, with GDP rising at a 1.9 percent annual rate, below the

2.2 percent rise expected by economists.

The local share price index futures dipped 0.2

percent, or 11 points, to 5,650, a 64-point discount to the

underlying S&P/ASX 200 index close.

The benchmark gained 1 percent last week.

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