Australian shares are likely to slip from their record high on Monday, possibly hurt by potential losses in miners and energy stocks due to falling underlying commodity prices, while local investors braced for a second week of corporate earnings.
The local share price index futures (YAPcm1) dipped 0.6%, a 95.6-point discount to the underlying S&P/ASX 200 index XJO close. The benchmark closed 0.7% higher at a record peak on Friday.
New Zealand’s benchmark S&P/NZX 50 index NZ50G rose 0.2% by 2237 GMT.