Australia Markets closed

Australian shares open flat

Australian shares have opened flat as gains in energy companies offset losses across the resource sector.

At 1010 AEDT on Friday, the benchmark S&P/ASX200 index was down 1 point, or 0.02 per cent, at 5,597, while the broader All Ordinaries index was up 1.6 points, or 0.03 per cent, at 5,698.

In futures trading, the SPI200 futures contract was down 1 point, or 0.02 per cent, at 5,597 points with 8,417 contracts traded.