Australian shares likely to open lower, NZ index rises
May 23 (Reuters) - Australian shares were expected to open lower on Monday, following the Labor Party's election victory after nearly a decade out of power, while Wall Street's uneven finish last week in a volatile session may impact domestic technology stocks.
The local share price index futures YAPcm1 fell 0.2%, a 16.6-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 1.2% on Friday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 was up 0.4% by 2233 GMT.
Reporting by Upasana Singh; Editing by Paul Simao
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