THE Australian market looks set to open higher after losing 1.5 per cent in the previous session and a mixed performance on Wall Street.
At 0645 AEDT on Thursday, the share price index was up 12 points at 5,344. Locally, in economic news on Thursday, the Australian Bureau of Statistics releases September’s jobs data, and the international trade price index. In equities news, National Australia Bank is due to release its full-year results.
Ardent Leisure has its annual general meeting in Sydney, a few days after a fatal accident at its Dreamworld theme park on the Gold Coast. JB Hi-Fi, Blackmores, Tatts Group, Whitehaven Coal, Tassal Group and UGL also have their annual general meetings scheduled for Thursday.
In Australia, the market on Wednesday closed sharply lower as investors found little positive news to provide upward drive.
The benchmark S&P/ASX200 index fell 83 points, or 1.52 per cent, to 5,359.8 points.
The broader All Ordinaries index lost 81.2 points, or 1.47 per cent, to 5,442.1 points.
