Australian Shares Seen Falling as ASX Futures Drop 0.5%
ASX futures were down 0.5% ahead of Monday's session, pointing to further losses for the S&P/ASX 200 after it declined 0.1% last week. The report cited higher oil prices and a weak lead from U.S. equities.
Australian stocks look set to resume their recent fall at the open amid higher oil prices and a weak lead from U.S. equities. ASX futures are down by 0.5% ahead of Monday's session, suggesting that the S&P/ASX 200 will add to the 0.1% decline compiled by the benchmark index last week. Ahead of the…