Wires

Australia shares seen flat, metals prices to support

Share

CANBERRA, Oct 12 (Reuters) - Australian shares are likely toopen flat on Friday on mixed leads from Wall Street, holdingbelow 14-month highs hit earlier this week, although a reboundin metal prices may help index-heavy mining stocks.

* Local share price index futures

added one pointto 4,477, a 6.5-point discount to the underlying S&P/ASX 200index

close. The benchmark fell 0.2 percent on Thursdayto 4,483.5, its second loss in a row.

* New Zealand's benchmark NZX 50 index

rose 0.1percent to 3,889.0 in early trade.

* U.S. stocks ended flat on Thursday after gains on betterjobs data were erased in part by a drop in Apple shares.

* Miners may get some lift as copper bounced on Thursdayfrom two-week lows and iron ore prices hit an 11-week high.

* The Baltic Exchange's main sea freight index

,

tracking rates for ships carrying dry commodities, rose onThursday on increased demand for coal and iron ore fixtures.

* The Australian dollar

hit a one-week high onThursday as expectations for a November rate cut weakened afterdata showed employment rose 14,500 in September, compared toforecasts for a slight rise of 3,750.

.

----------------------MARKET SNAPSHOT @ 2155 GMT ------------

INSTRUMENT LAST PCT CHG NET CHGS&P 5001432.84 0.02% 0.280USD/JPY78.38 0.08% 0.06010-YR US TSY YLD1.6681 -- -0.012SPOT GOLD1768.29 0.01% 0.100US CRUDE92.36 0.31% 0.290DOW JONES13326.39 -0.14% -18.58ASIA ADRS118.58 1.00% 1.17-------------------------------------------------------------

* Wall St flat as Apple cuts jobs data gains

* Oil up as Turkey-Syria tensions fuel supply concerns

* Gold up with riskier assets, snaps four-day decline

* Copper rebounds on dlr, growth fears crimp gains

For a digest of the day's business stories in Australiannewspapers, double click on

(Reporting By Maggie Lu Yueyang; Editing by John Mair)

((maggie.luyueyang@thomsonreuters.com)(+61 2 6273 3700)(ReutersMessaging: maggie.luyueyang.thomsonreuters.com@reuters.net))

((Multimedia versions of Reuters Top News are now available for:

* 3000 Xtra : visit* BridgeStation: view story .134For more information on Top News, please visit))DIARIES & DATA:IPO diary & dataAsia earnings diaryU.S. earnings diaryEuropean diaryAustralia diaryWall Street Week AheadEurostocks Week Ahead

................................................................

For latest top breaking news across all markets

................................................................

TOP NEWS SUMMARIES ON OTHER SUBJECTS| U.S. Companies| European Companies|| Forex| Global Economy|| Tech.Media,Telecoms| Banking, Financials|| Politics & General| Sports|

................................................................

MAJOR STOCK MARKET REPORTSNew YorkWeekly outlook New YorkPan-EuropeWeekly outlook EuropeLondonWeekly outlook LondonTokyo

................................................................

ASIA STOCK MARKETSPan-Asia......................Bangkok......Karachi........S/east Asia.Bombay.......Kuala Lumpur...Sydney/NZ...China........Seoul..........Taipei......Hong Kong....Singapore......Tokyo........

................................................................

Access to some items may depend on subscription level.................................................................UP-TO-THE-MINUTE HEADLINESCompany resultsEconomic indicatorsMergers & acquisitionsInterest ratesLIVE PRICES & DATAWorld StocksCurrency ratesDow Jones/NASDAQNikkeiFTSE 100DebtHOW TO FIND INFORMATION YOU NEED||||||||||LIVE PRICES & DATA:World StocksCurrency ratesDow Jones/NASDAQNikkeiFTSE 100DebtAustralian dollarLME price overview))

Keywords: MARKETS AUSTRALIA STOCKS/