Aust stocks to open flat

Local market expected to open little changed on mixed leads from Wall Street.

The Australian stock market looks set to open flat following a mixed close on Wall Street and after a second consecutive day in which the S&P/ASX200 index closed above 5,000.

At 0640 AEST, the September share price index futures contract was steady points at 4,977.

In economic news on Wednesday, the Australian Bureau of Statistics is due to release the consumer price index (CPI) for the June quarter.

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