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Reuters
Reuters
Business

Australia shares to inch up; New Zealand higher

FILE PHOTO: A board displaying stock prices is adorned with the Australian Securities Exchange (ASX) logo in central Sydney, Australia, February 13, 2018. Picture taken February 13, 2018. REUTERS/David Gray

(Reuters) - Australian shares are expected to edge higher on Wednesday as investors await cues from data on the country's fourth-quarter GDP due later in the day.

The local share price index futures rose 17 points to 6,197.0, a 2.3-point discount to the underlying S&P/ASX 200 index close. The benchmark fell 0.3 percent on Tuesday.

New Zealand's benchmark S&P/NZX 50 index rose 0.2 percent in early trade.

(Reporting by Ambar Warrick in Bengaluru)

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