daytrading oct 3 pre-market, page-9

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    AAP

    The Australian market looks set to open lower today, following in the heels of the major Asian markets on Friday and Wall Street which lost more than two per cent.

    At 0727 AEDT, the December share price index futures contract was down 81 points at 4,3919.

    In economic news on Monday, The Australian Industry Group/Pricewaterhouse performance of manufacturing (PMI) index for September is released as is the TD Securities-Melbourne Institute inflation gauge for September.

    The Reserve Bank of Australia (RBA) releases its index of commodity prices for month just ended.

    In equities news, Volta Mining is due to list on the Australian Securities Exchange.

    In Australia, the market on Friday closed flat after a day of trading within a narrow range ahead of long weekends locally and in Asia.

    The benchmark S&P/ASX200 index was up 0.3 points, or 0.01 per cent, at 4,008.6, while the broader All Ordinaries index gained 2.2 points to 4,070.1.
 
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