Australia shares set for cautious start; NZ near record high

July 19, 2016 11:28 PM

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SYDNEY, July 20 Australian shares look poised for a cautious start on Wednesday after Wall Street pulled back from record highs overnight amid lowered expectations for global growth.

The local share price index futures was barely changed at 5,411 points, a 40.3-point discount to the underlying S&P/ASX 200 index close. The benchmark ran out of steam on Tuesday to end slightly lower after eight straight sessions of gains. New Zealand's benchmark S&P/NZX 50 index fell 0.3 percent o...

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