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Australian shares likely to open lower, NZ flat

By Reuters News21:40 (UTC), 19 October 2026 Updated

Oct 20 (Reuters) - Australian shares were set to open lower on Tuesday, with mining and energy stocks likely to drop on softer commodity prices, a day after a frenzy of takeover activity boosted risk appetite among investors.

The local share price index futures fell 0.9%, a 62.7-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.4% on Monday.

New Zealand's benchmark S&P/NZX 50 index .NZ50 was flat in early trade.

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