Aust stocks open flat

Local market little changed after falls on global bourses overnight.

The Australian stock market opened flat following falls on international markets overnight.

At the 1015 AEDT official market open, the benchmark S&P/ASX200 index edged up 0.12%, at 5,362.7 points, while broader All Ordinaries index added 0.14% to 5,364.1 points.

In economic news, Reserve Bank of Australia is due to release its annual report to parliament, while RBA deputy governor Philip Lowe is slated to speak at the CFA Melbourne Institute's Annual Investment Conference in Melbourne.

In Australia, the market on Wednesday fell for the first time in seven trading sessions following a jump in China's money market rate.

The benchmark S&P/ASX200 index was down 14.4 points, or 0.27%, at 5,356.8 points.

The December share price index futures contract was 10 points weaker at 5,346 points, with 23,103 contracts traded.

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