Australian Share Market and Share Price Index

Ford Motor Co: And the Australian share market looks set to open lower following falls on Wall Street and further declines in the price of oil, according to Nine News Australia. At 0645 AEDT on Tuesday, the share price index was down 18 points at 4,931. At 0723 AEDT on Tuesday, the local unit was trading at 69.65 US cents, down from 70.17 cents on Friday. MOSCOW - Russia economy shrank 3.7 per cent in 2015, the worst drop since the depths of the global financial crisis, the state statistics service said. DETROIT - Ford Motor Co says it pulling out of Japan and Indonesia before the end of the year because there is no path to grow sales or make sustained profits. RIYADH - The chairman of Saudi Arabia state oil giant said that plans for a possible initial public offering are not being driven by a need for cash amid a global slump in oil prices, but instead signal a desire for greater openness to outside investors. (news.financializer.com). As reported in the news.