Aust stocks set to open higher

Local market expected to begin stronger as upbeat US car sales boost Wall St.

The Australian stock market looks set to open higher following Wall Street's jump after strong US car sales pointed to strength in the manufacturing sector.

At 0646 AEST, the September share price index futures contract was up 15 points at 5,171.

In economic news on Thursday, the Australian Bureau of Statistics will release international trade in goods and services data for July.

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