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Reuters
Reuters
Business

Aussie shares set to open little changed; New Zealand up slightly

FILE PHOTO: A board displaying stock prices is seen at the Australian Securities Exchange (ASX) in Sydney, Australia, February 9, 2018. REUTERS/David Gray

Australian shares are expected to open flat on Wednesday, with plunging oil prices expected to drag on energy stocks and offset possible gains in other sectors on renewed U.S.-China trade talks.

Index futures <YAPcm1> fell 3 points to 5,829, a 5.2-point discount to the underlying S&P/ASX 200 index <.AXJO> close. The benchmark shed 1.8 percent on Tuesday.

New Zealand's benchmark S&P/NZX 50 index <.NZ50> rose marginally in early trade.

(Reporting by Niyati Shetty in Bengaluru; editing by John Stonestreet)

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