Post by raselali on Oct 8, 2015 2:09:13 GMT
THE Australian market looks set to open higher after a rise in commodities prices set international bourses rallying.
At 0645 AEDT on Thursday, the December share price index futures contract was up 31 points at 5,221.
Locally, in economic news on Thursday, Reserve Bank of Australia head of economic research John Simon is slated to speak at the Paul Woolley Centre for the study of Capital Market Dysfunctionality Conference in Sydney. The Australian Nickel Conference is on in Perth.
In equities news, the Bank of Queensland is expected to post full year results, while Ansell has its annual general meeting in Melbourne.
In Australia, the market on Wednesday recovered from a midday slump to post a third straight gain, driven by a sustained rally among energy companies.
The benchmark S&P/ASX200 index was up 30.5 points, or 0.59 per cent, at 5,197.9 points.
The broader All Ordinaries index was up 29.4 points, or 0.57 per cent, at 5,228.4 points.
At 0645 AEDT on Thursday, the December share price index futures contract was up 31 points at 5,221.
Locally, in economic news on Thursday, Reserve Bank of Australia head of economic research John Simon is slated to speak at the Paul Woolley Centre for the study of Capital Market Dysfunctionality Conference in Sydney. The Australian Nickel Conference is on in Perth.
In equities news, the Bank of Queensland is expected to post full year results, while Ansell has its annual general meeting in Melbourne.
In Australia, the market on Wednesday recovered from a midday slump to post a third straight gain, driven by a sustained rally among energy companies.
The benchmark S&P/ASX200 index was up 30.5 points, or 0.59 per cent, at 5,197.9 points.
The broader All Ordinaries index was up 29.4 points, or 0.57 per cent, at 5,228.4 points.