Australian local markets

Due to the falling prices of commodities and weak stocks on Wall Street, the local stock market of Australia is likewise expected to open weaker.On Wednesday, the Australian stock market closed higher, after the local resources sector strengthened on t…

Following the US Wall Street rebound for almost 7 percent on its overnight trading, the Australian local shares jumped for almost 4 percent, despite reports of cutting jobs to most of the local banks here.At 10.19am Australia’s biggest oil and gas prod…