Aust stocks open flat

The Australian stock market opened flat after Wall Street continued its run of losses despite strong United States employment and trade reports.

The Australian stock market opened flat after Wall Street continued its run of losses despite strong United States employment and trade reports.

At the 1015 AEDT official market open, the benchmark S&P/ASX200 index was 0.07% lower at 5,270 points, while the broader All Ordinaries index lost 0.04% at 5,265.2.

In economic news on Thursday, the Australian Bureau of Statistics releases October international trade in goods and services data, and overseas arrivals and departure numbers for October.

Mitch Hooke, the retiring chief executive of the Minerals Council of Australia, will speak at a Melbourne Mining Club lunch.

In equities news, Nufarm has its annual general meeting scheduled.

In Australia, the market on Wednesday finished higher, bringing three days of losses to an end as the big miners fired on all cylinders.

The benchmark S&P/ASX200 index was 17.7 points, or 0.34%, higher at 5,273.8.

The broader All Ordinaries index was up 17.9 points, or 0.34%, at 5,267.5.