Australian shares seen slightly higher as New Zealand stocks dip
Australian share futures rose 0.1% as copper prices supported miners, while New Zealand’s S&P/NZX 50 index fell 0.2%.
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what happened
Australian equities were poised for a modestly firmer opening on Tuesday, supported by higher copper prices and gains among mining companies. Weaker gold stocks were expected to cap the advance, while investors prepared for the minutes of the Reserve Bank of Australia’s September meeting, Newsmetry API reported.
Futures on the local YAPcm1 index climbed 0.1%, standing 28.8 points above the underlying S&P/ASX 200 close. The benchmark had gained 0.8% on Monday. By 2124 GMT, New Zealand’s S&P/NZX 50 index was down 0.2% at 13,797.48 points.
why it matters
Australian equities face competing influences from the resources sector and expectations for Reserve Bank of Australia policy. The decline in New Zealand adds a cautious tone to the wider regional session.
instruments
sources
- Australia shares set to inch higher, NZ dips — Newsmetry API, 12 October 2026 at 21:32 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
on the website stories appear 15 minutes after publication, in the api at once.
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