Australian market set to open higher
THE Australian market looks set to open higher as international markets await the impact of Greece’s breakdown in its debt bailout talks.
THE Australian market looks set to open higher as international markets await the impact of Greece’s breakdown in its debt bailout talks.
At 0645 AEST on Monday, the September share price index futures contract was up 10 points at 5,498.
No major local economic news is expected on Monday.
In equities news, Outdoor advertiser QMS Media lists on the ASX. In the Australian market on Friday, uncertainty about Greece’s emergency debt talks caused the sharpest fall in shares in almost four weeks.
The benchmark S&P/ASX200 index was down 86.8 points, or 1.54 per cent, at 5,545.9 points.
The broader All Ordinaries index was down 83.8 points, or 1.49 per cent, at 5,536.1 points.
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