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Post by bot on Jan 16, 2013 21:14:49 GMT -5
Australian shares edge higher, jobs data on tap from MarketWatch.com - MarketPulse SYDNEY (MarketWatch) -- Australian shares edged higher in early trading on Thursday, with the move extending week-to-date gains to 0.8%. The S&P/ASX 200 index rose 0.2% to 4,748.50. Retailers were gaining, with department store operator Myer Holdings Ltd. advancing 1.3%. Similarly, media companies were also gaining ground, with commercial television firm Ten Network Holdings Ltd. up 1.4%. In the energy sector, Santos Ltd. rose 1.2% after reporting a 10% rise in annual oil and gas production. Key jobs data are on tap for later in the trading session.
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