<WIRE> Australian Shares Predicted to Open Higher, New Zealand Trending Downward

On a promising note, Australian shares are anticipated to open modestly higher on the following Thursday, as potential increases in gold and energy companies could rally due to a bump in key prices.

However, miners may face pushback due to a downward trend in iron ore futures.

Meanwhile, the local share price index futures, YAPcm1, has seen an approximate increase of 0.3%, a 29.6-point premium to the fundamental S&P/ASX 200 share index (ASX:AXJO).

The primary indicator marked a slight elevation of 0.2% on Wednesday.

On the secondary front, there’s a slight dip in early trade, with New Zealand’s benchmark S&P/NZX 50 index being down by 0.1% at 11,792.27 points.

(ASX:AXJO) is an Australian stock market index that represents Australian large and mid-cap securities.

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