Aust stocks open flat

Local market begins little changed ahead of release of unemployment data.

The Australian stock market opened flat following gains on international markets with sentiment buoyed by strong German and British industrial sectors data.

At the 1015 AEDT official market open the benchmark S&P/ASX200 index fell 0.12% to 5,427.2 points, while the broader All Ordinaries index edged down 0.08% to 5,421.4 points.

In economic news on Thursday, the Australian Bureau of Statistics releases labour force data for October.

In equities news, Fairfax Media (FXJ), Wesfarmers (WES) and Credit Corp Group (CCP) have annual general meetings scheduled.

In Australia, the market on Wednesday closed almost flat, with a healthy quarterly earnings report from the Commonwealth Bank the highlight.

The benchmark S&P/ASX200 index was was up 1.8 points, or 0.03%, at 5,433.8 points.

The broader All Ordinaries index was up 0.3 points, or 0.01%, at 5,426.0 points.

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