Australian market set to open higher
Market watch top headlines
SYDNEY, Feb 12 AAP
February 12 2013, 06:40AM
The Australian market looks set to open higher despite a mixed showing on European markets and falls on Wall Street.
At 0639 AEDT on Tuesday, the March share price index futures contract was up 12 points at 4,931.
In economic news on Tuesday, the National Australia Bank is expected to release its monthly business survey for January.
In equities news, Bradken and Amcom are expected to post first half results.
In Australia, the market on Monday closed lower, as falls in mining-related sectors cruelled the market's bid to break through the 5,000-point level.
The benchmark S&P/ASX200 index ended the local session down 11.8 points, or 0.24 per cent, at 4,959.5 points, while the broader All Ordinaries index ended 9.1 points, or 0.18 per cent, lower at 4,980.3 points.