Australian market set to open flat

The Australian market looks set to open flat after a fluctuating night on Wall Street where a rebound in tech stocks offset a transport industry, including airlines, slump.

At 0645 AEDT on Friday, the June share price index futures contract was down two points at 5,883.

No major local economic news is expected on Friday.

In equities news, Skydive the Beach lists on ASX.

In Australia, the market on Thursday suffered its largest one day fall in more than three months as investors turned cautious.

The benchmark S&P/ASX200 index was down 94.2 points, or 1.58 per cent, at 5,879.1.

The broader All Ordinaries index was down 87.4 points, or 1.47 per cent, at 5,849.7.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.77510.000.00%
    AUDUSD=X
    0.52110.000.00%
    AUDGBP=X
    0.71170.000.00%
    AUDEUR=X