The Australian sharemarket opened slightly higher ahead of Wednesday's GDP release and following Wall Street gains led by tech stocks, as optimism over potential interest rate cuts countered caution ahead of key US inflation data later this week.
The S&P/ASX 200 rose 11.3 points, or 0.1 per cent, to 8591 at 10.15am AEDT , with nine of the 11 index sectors stronger. Markets expect gross domestic product to rise 0.7 per cent in the quarter and 2.2 per cent over the year, compared with 0.6 per cent and 1.8 per cent in the June quarter. It would be the best annual rise since early 2023.

Sumber : AFR