Aust stocks set to open lower

Local market expected to follow global gains fuelled by strong Chinese data.

The Australian stock market looks set to open higher following gains on international markets on strong Chinese data and better sentiment on the European economy.

Chinese trade data for July showed that exports increased 5.1 per cent year-on-year to $US186.0 billion ($A207 billion), while imports rose 10.9 per cent to $US168.2 billion, revealing some ongoing strength in the Chinese economy.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles