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Australia shares set to tiptoe higher, Woolworths under pressure

2016-02-25 23:55:35| Grocery - Topix.net

MELBOURNE, Feb 26 Australian shares are set to open a touch higher on Friday, buoyed by gains offshore and with energy stocks climbing on hopes major oil producers may agree to cut output, but a profit warning from supermarket Woolworths could hurt the market. Local share price index futures rose 0.7 percent to 4,871.0 to sit at 10.2-point discount to the underlying S&P/ASX 200 index close.

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