Australian shares are set to open little changed, a day after another major Australian city was put back into lockdown.
Key points:
- ASX 200 futures are flat
- Reporting season has begun
- Wall Street closed up 0.8 per cent
At 7:00am AEST, ASX 200 futures were flat.
The benchmark closed 0.1 per cent higher at 7,511 points on Thursday.
The benchmark was headed for muted trade despite Wall Street closing in positive territory, with the Nasdaq and Dow Jones up 0.8 per cent.
The S&P 500 also had good trade with a 0.6 per cent gain.
Australian reporting season has begun, with furniture retailer Nick Scali yesterday doubling its full-year net profit, as it continued to benefit from the COVID trend of people updating their homes.
The company’s profit climbed to $84.2 million, as sales revenue rose more than 42 per cent.
The Australian dollar was buying 74 US cents.
ABC/Wires
