Sunday, May 22, 2016

Australia shares set to open higher, NZ flat

MELBOURNE, May 23 (Reuters) - Australian shares are set to open a touch higher on Monday following a solid finish on Wall Street last week, though weaker gold, metals and oil prices, hurt by a stronger U.S. dollar, may weigh on resources stocks. Local share price index futures inched up 0.1 percent to 5,360.0, an 8.7-point premium to the underlying S&P/ASX 200 index close. The benchmark rose 0.5 percent last Friday. New Zealand's benchmark S&P/NZX 50 index slipped 4.7 points to 6,905.2 i


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