Australian market to open higher


(MENAFN) After Wall Street had small growth to close the week, a good opening is anticipated on the local markets on Monday.

Last month's jobs figure will appear on Thursday, with a general consensus that nearly 15,000 jobs were created for the month.

Eventually, the congress will settle on a 5-year plan for Chinese leadership and policies, but as inflation figures expected to show stable growth, AMP Capital chief economist doesn't expect any noticeable modifications to economic policies.

The indicator of the benchmark S&P/ASX200 closed by 19.7 points, 0.34% to 5,814.2 points on Friday, with almost all sectors making profits and exceeding a solid week to leave the market up 1.8% for the 5-day period.




MENAFN1510201700450000ID1095952211


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.