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Article: Australian Market Report of August 11: Look to Earnings Reports
- Article from:
- abnnewswire.net
- Article date:
- August 11, 2009
- Author:
CopyrightCopyright 2009 ABN Newswire. (Hide copyright information)
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Wall Street finished slightly lower overnight after the US stocks hit a fresh high on Friday. Investors locked in profits ahead of economic data due to release this week, including monthly retail sales figures and the Federal Reserve's statement on interest rates and the economy.
The Australian market yesterday ended with little change as investors were awaiting the corporate earnings this week. The benchmark S&P/ASX 200 index closed 4.7 points, or 0.1 per cent higher, at 4304.1, while the broader All Ordinaries index gained 6.1 points, or 0.1 per cent, to 4309.2.
Key Economic Facts and Figures
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