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Australian shares likely to open higher, NZ rises

ReutersAug 24, 2025 10:29 PM

- Australian shares were likely to open higher on Monday, potentially helped by higher copper and gold prices and rising expectations of a rate cut from the U.S. Federal Reserve in September.

The local share price index futures YAPcm1 rose 0.9%, a 43.6-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.6% on Friday.

New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 0.5% to 13,109.22 points in early trade.

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