Weak opening tipped

The Australian sharemarket is tipped to open the week lower after heavy falls in commodity prices offshore on Friday. American and European markets ended Friday marginally weaker but it was the falls in gold, oil and metals that could trigger selling in Australia, which is heavily laden with resources companies.

The Australian sharemarket is tipped to open the week lower after heavy falls in commodity prices offshore on Friday. American and European markets ended Friday marginally weaker but it was the falls in gold, oil and metals that could trigger selling in Australia, which is heavily laden with resources companies.

Want access to our latest research and new buy ideas?

Start a free 15 day trial and gain access to our research, recommendations and market-beating model portfolios.

Sign up for free

Join the Conversation...

There are comments posted so far.

If you'd like to join this conversation, please login or sign up here

Related Articles