Australia shares set to open lower; NZ slips

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Australian shares are poised to open
lower on Monday after four consecutive sessions of gains, as
worries persist about the economic impact of the coronavirus
outbreak in China, the country’s largest trading partner.
The local share price index futures fell over 0.2%,
an 81.2-point discount to the underlying S&P/ASX 200 index
close. The benchmark rose 0.4% on Friday.
New Zealand’s benchmark S&P/NZX 50 index slipped
0.2% in early trade.