The Australian market looks set to open lower despite gains on Wall Street at the end of last week.
At 0652 AEST on Monday, the June share price index futures contract was down 26 points at 4,759.
In economic news on Monday, the Australian Bureau of Statistics is due to release new motor vehicle sales for May.
No major equities news is expected.
In Australia, the market on Friday had its best day in nearly 18 months as investors decided its month-long slide had gone far enough.
The benchmark S&P/ASX200 index was up 96.00 points, or 2.04 per cent, at 4,791.8 points, while the broader All Ordinaries index was up 90.6 points, or 1.93 per cent, to 4,775.5 points.
