Aust shares flat at noon

The Australian share market is flat at noon as investors await the release of important jobs numbers in the US.

Australian Stock Report analyst Beny Sada said mining stocks were the poorest performers in morning trade.

"It's a lacklustre session, with no notable action on local markets after a quiet night overseas," Mr Sada said.

"Investors are waiting for the US non-farm payrolls number and there's no major data out today."

He said there was no major economic or market moving news to be released on Friday.

The closely-watched US non-farm payrolls figures will be released on Friday night (AEST).

The big four banks were mixed, with ANZ up 14 cents at $34.21, the Commonwealth Bank 30.5 cents higher at $78.94, National Australia Bank 10 cents better off at $34.81 but Westpac was down three cents at $34.67.

In the resources sector, BHP Billiton was down 32.5 cents at $37.17, while Rio Tinto lost three cents to $60.76 and Fortescue Metals had lifted six cents to $4.91.

Shares in Macquarie Group were up 50 cents at $58.70 following a 49 per cent increase in its full year profit.

Meanwhile, Myer shares had dropped four cents, or 1.8 per cent, to $2.13 following a one per cent slump in its third quarter sales.

KEY FACTS

* At 1200 AEST on Friday, the benchmark S&P/ASX200 index was down one point, or 0.02 per cent, at 5,447.8 points.

* The broader All Ordinaries index was down 1.5 points, or 0.03 per cent, at 5,426.9 points.

* On the ASX 24, the June share price index futures contract was down two points at 5,432 points, with 11,669 contracts traded.

* National turnover was 750 million securities worth $1.1 billion.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.7814+0.0054+0.70%
    AUDUSD=X
    0.5091+0.0039+0.77%
    AUDGBP=X
    0.7006+0.0066+0.95%
    AUDEUR=X