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ASX set to cruise as overseas markets mull COVID response

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The Australian share market is set to cruise on Wednesday, as both local and overseas markets mull the impacts of COVID-19 outbreaks over Christmas.

As of 7:00am, futures in the ASX 200 are trading flat at 6,562.

The benchmark finished 1.05 per cent lower on Tuesday at 6,599.6.

It has been trading down since Friday, when travel restrictions were starting to be mandated on Sydney travellers due to COVID, just a week out from Christmas.

Travel and financial stocks have been especially hit by that unwanted news.



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