The Australian share market or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index is set to open higher Thursday morning, according to data from the Sydney Futures Exchange.
Here’s the key headline data:
SFE ASX 200 futures: +41 points
Australian Dollar ($A) (AUDUSD): 75.69 US cents
Dow Jones (DJI): up 0.2%
Oil (WTI): $US68.18 per barrel
Gold: $US1,324 per ounce
Overnight, London-listed shares of BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) finished down 1.5% and down 1.3%, respectively, according to Yahoo! Finance.
Australian Investing News
Making news in Australia and on the ASX, supply chain business Brambles Ltd (ASX: BXB) released its third-quarter trading update. Brambles revealed constant currency sales revenue growth of 5% for the nine month period of its current financial year, versus the same period a year earlier.
Gold mining company Newcrest Mining Limited (ASX: NCM) produced 576,000 ounces of gold during its March quarter, down 6% over the prior quarter, according to its third-quarter report. To produce the gold, Newcrest’s average All-In Sustaining Cost (AISC) was $826 per ounce, $3 per ounce lower than last quarter.
Healthscope Ltd (ASX: HSO) announced it has received a takeover offer from a group of private equity and Super funds, including BGH Capital Fund I, AustralianSuper and more. The offer values Healthscope shares at $2.36.
“The Healthscope Board has commenced an assessment of the proposal and will keep the market informed of any material developments in accordance with its continuous disclosure requirements,” Healthscope said in its announcement.
Wesfarmers Ltd (ASX: WES), the owner of Coles, Bunnings, Kmart and more, released its third-quarter sales report today. The retail heavyweight reported a 2.4% increase in sales for the nine-month period to date.
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