Australian shares are poised for a soft opening following a record high on the local market and after US markets soured following a rise in coronavirus cases.
The SPI200 futures contract was up 3.0 points, or 0.04 per cent, at 7,113 at 0800 AEDT on Friday.
The Australian benchmark S&P/ASX200 index finished on Thursday up 17.9 points, or 0.25 per cent, driven to a closing record of 7,162.5 on corporate earnings after setting an intraday record of 7,197.2.
But the mood in equity markets soured as coronavirus fatalities outside China rose and company earnings reflected the pandemic’s impact, Westpac’s finance markets morning note says.
US and European markets closed lower.
On the local market Ardent Leisure, Mystate financial, Inghams, Mayne Pharma and Charter Hall are some of the companies set to report their earnings.
The Australian dollar was buying 66.16 US cents, at 0800 AEDT, down from 66.47 US cents on Thursday.