Australian shares likely to open lower, NZ flat
Jan 16 (Reuters) - Australian shares were set to open lower on Tuesday, likely dragged by miners on falling iron ore prices, while investors will also look closely through
fourth-quarter production results of Rio Tinto , the
world's largest iron ore producer.
The local share price index futures fell 0.3%, a
51.3-point discount to the underlying S&P/ASX 200 index
close. The benchmark closed flat on Monday.
New Zealand's benchmark S&P/NZX 50 index was flat at