The Australian share market looks set to open flat, despite Wall Street closing lower as Apple dragged down major indices and investors girded for Britain’s vote on its European Union membership.
The SPI was trading at 5152, up 35 points.
Locally, the Commonwealth Bank’s business sales indicator — which draws on data from its own point-of-sale technology — has been released.
In equities news, grocery retailer Metcash is scheduled to report annual earnings.
- The SPI was trading at 5152, up 35 points.
- AUD at 74.31 US cents, 77.77 Japanese yen, 65.61 Euro cents and 51.39 British pence
- On Wall St, Dow -0.3%, S&P 500 -0.3%, Nasdaq -0.9%
- In Europe, Stoxx 50 +1.1%, FTSE +1.2%, CAC +1%, DAX +0.9%
- Spot gold +1.6% to $US1298.65 an ounce on Friday in New York
- Brent crude +4.4% to $US49.27 a barrel
- Iron ore + 0.7% to $US51.05 per tonne
What’s on today
Metcash full-year results, Australian Energy Week conference