InvestSMART

Aust stocks open flat

Local market begins little changed ahead of release of unemployment data.
By · 7 Nov 2013
By ·
7 Nov 2013
comments Comments
Upsell Banner

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.

Google News
Follow us on Google News
Go to Google News, then click "Follow" button to add us.
Share this article and show your support
Free Membership
Free Membership
Staff Reporter
Staff Reporter
Keep on reading more articles from Staff Reporter. See more articles
Join the conversation
Join the conversation...
There are comments posted so far. Join the conversation, please login or Sign up.