Australian markets open flat on Friday


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Australian markets have opened flat on Friday, after a volatile session for US stocks overnight.

The benchmark S&P ASX 200 kicked off Friday’s session a touch higher by 3 points at 5,228.80.

Over in South Korea, the Kospi index opened lower by 0.39% at 1993.03.

The region’s biggest market, Japan is shut on Friday for a national holiday. The benchmark Nikkei 225 index ended the shortened trading week down 5%.

Losses on Wall Street accelerated on Thursday afternoon, with some investors rattled by a 3% decline for shares in Apple.

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