NCM newcrest mining limited

News: NCM Australia shares seen rising as Britain votes; NZ higher

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    SYDNEY, June 24 (Reuters) - Australian shares are seen starting in positive territory for a second day on Friday as polls suggest that Britain has voted to remain in the European Union.

    Local share price index futures YAPcm1 jumped 1.1 percent overnight to 5,294 points, swinging to a premium of 13.3 points to the underlying S&P/ASX 200 index (xjo). The benchmark closed 0.2 percent higher on Thursday at 5,280.70.

    Investors will keep a keen eye on banking shares such as Commonwealth Bank (CBA) and ANZ (ANZ) which are seen as likely beneficiaries from a "remain" vote in Britain while gold miners such as Newcrest (NCM) and Evolution (EVN) may drop.

    New Zealand's benchmark S&P/NZX 50 index (nz50) rose 0.4 percent to 6,847.8 points in early trade.

 
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