The Australian share market, or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index, is expected to open higher Thursday morning, according to the Sydney Futures Exchange.

Here’s what you need to know:

SFE ASX 200 futures: +55

Australian Dollar ($A) (AUDUSD): 79.28 US cents

Dow Jones: up 1%

Oil (WTI): $US60.74 per barrel

Gold: $US1,353 per ounce

Overnight, London-listed shares of BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) closed up 2.8% and 1.8%, respectively.

Australian Investing News

Today, Suncorp Group Ltd (ASX: SUN) will be in the news. The $17 billion banking and insurance heavyweight released its half-year report to the ASX this morning. Suncorp reported a 9% fall in revenue to $7.8 billion and a profit of $452 million, down 16% on the prior corresponding period.

Telstra Corporation Ltd (ASX: TLS) released its half-year report this morning. Australia’s largest telecommunications business reported a 6% jump in revenue versus the same period last year, with profit down 4.9%.

ASX Ltd (ASX: ASX), the operator of Australia’s largest stock exchange, increased its half-year revenue 7.8% to $501 million with a profit of $230 million, up 5%. ASX Ltd declared a dividend of $1.07 per share, fully franked.

Finally, CSL Limited (ASX: CSL) will again be a focal point for investors following the release of its half-year financial results yesterday. For the six months to 31 December 2017, CSL reported a 13% jump in revenue to $US4.1 billion with profit up 35% to $US1.1 billion. An unfranked interim dividend of 79 US cents was declared. It shares ended Wednesday 5% higher.

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