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Australian stocks set to open lower, S&P 200 tumbles 32pts

Australian stocks set to open lower, S&P 200 tumbles 32pts

SYDNEY: The Australian stocks looks set to open flat after falls on international bourses ahead of an emergency eurozone meeting on the Greek crisis.

At 6.45am (AEDT), the March share price index futures contract was up seven points at 5,731.

In local economic news on Thursday, the Australian Bureau of Statistics releases January Labour force data and December overseas arrivals and departures figures.

Reserve Bank of Australia Assistant Governor (Financial Markets) Guy Debelle is slated to speak at the FX Week Australia Conference in Sydney.

In equities news, Telstra, Mirvac, Transurban, ASX, Tassal and APN News & Media are among the companies expected to post half year results, while Rio Tinto is slated to release full-year results.

The local market finished weaker on Wednesday because of disappointing company results and continued commodity price weakness.

The benchmark S&P/ASX200 index was down 32 points, or 0.5 per cent, at 5,769.

The broader All Ordinaries index was down 26 points, or 0.5 per cent, at 5,732.