10.16 am, Thursday May 17 2012

Australian market opens on a positive

07:57 AEDT Wed Dec 2 2009
VIEWS: 0
| FLOCKS: 0
| comments0 comments so far
Also on
infernoBus in China bursts in flames dying actWar vets saves jet passenger loose lippedJoel seems tipsy on The Voice The attack.Road rageUK woman punches cyclist Charlize TheronSmoky eyes How to get Charlize's look Emily SeebohmProud mum'My daughter the Olympic star'

The Australian sharemarket is expected to open in positive territory after gains on Wall Street and European markets overnight.

At 0710 AEDT on the Sydney Futures Exchange, the December share price index contract was 57 points higher at 4,784.

There is no significant economic news due on Wednesday. In companies, news, the Federal Court in Sydney is scheduled to hand down judgment on Network Seven's C7 appeal.

In Australia on Tuesday, the sharemarket ended stronger after Australian investors shrugged off news of a much-expected interest rate rise.

The benchmark S&P/ASX200 index closed up 17.7 points, or 0.38 per cent, to 4,719 points, while the broader All Ordinaries index gained 17.6 points, or 0.37 per cent, to 4,733.1 points.

 

Most popular

 Carmen Smith dumped from The VoiceOne of the stars of The Voice will leave the show after it was deemed her performance in a Guy Sebastian video clip gave her an unfair advantage.
 Samantha Harris involved in fatal crashPolice are investigating a car crash that left Australian supermodel Samantha Harris' fiancé with spinal injuries and killed a 79-year-old man in Sydney on Saturday morning.
 Prince Philip shocks with lewd dress remarkGaffe-prone Prince Philip stunned fans at a public greeting by making a a lewd remark about a 25-year-old woman's dress.
 Hawk drops puppy from skyA California woman has taken a two-month-old puppy into her home after seeing it being dropped from the sky by a hawk.
 Michael Clarke weds in private ceremonyAustralian cricket captain Michael Clarke has married girlfriend Kyly Boldy at an intimate service.
 Dad cleared of raping two baby daughtersA prominent Los Angeles photographer falsely accused of raping his two baby daughters said he broke down and cried when he found out a court had cleared him of the alleged crime.
 AFL star Jurrah to face Alice courtMelbourne Demons star Liam Jurrah is due to appear in court in Alice Springs over allegations he took part in an attack on a 35-year-old man in Yuendumu.
 Paralysed woman controls robot arm with mindA paralysed woman in the US has been able to use her mind to control a robotic arm, thanks to nearly 100 electrodes implanted in her brain.
 Another man bashed in home invasionA 63-year-old man has been attacked with a baseball bat in the second home invasion in Sydney's west in two days.
 Zimbabwe MP drives off in motor show carA Zimbabwean politician is facing criminal charges after allegedly getting into a car on display at a motor show and driving off in it.
Be our fan on Facebook
Most Recommended
You need the latest version of Flash Player.
Enjoy the most vivid content on the web
Watch video without extra features
Interact with applications on your favourite sites
Upgrade now

page complete